Australia s wine industry is set to grow by double-digit figures by 2024 despite China slapping 212 per cent on quality alcohol. GlobalData, a London-based analytics group, explained why.
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Mackay is on the way to recovery according to employment data from the Australian Bureau of Statistics.
The ABS figures show employment in Mackay rose to 97.3 per cent to the end of November, up from 92.2 per cent at the beginning of the year.
Employment in the Isaac region rose from 91.1 per cent to 98.2 per cent by the end of November while the Whitsundays region grew from 93.2 per cent to 94.8 per cent.
ABS indicates payroll jobs rose 0.4 per cent in the fortnight to November 28.
A payroll job is defined by the ABS as a relationship between an employee and their employing enterprise that is paid in the week through single touch payroll-enabled accounting software reported to the ATO.
Aussies worried about meeting rent and mortgage obligations over the holidays: poll news.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.com.au Daily Mail and Mail on Sunday newspapers.
Australia’s Trade Surplus for Goods Has Dropped
Australia’s trade surplus for goods has dropped to its lowest level in two years after China stopped buying a range of exports.
The goods trade surplus for November was $1.9 billion after exports rose just one percent, according to Australian Bureau of Statistics figures published on Dec. 23.
The surplus for October was $4.7 billion.
There was a 10 percent reduction in exports to China, after its government put tariffs on $20 billion worth of Australian exports including barley, beef, cotton, seafood, timber and wine.
The trade sanctions follow Australia’s calls for an inquiry into the origins of the coronavirus, believed to have started in the Chinese province of Wuhan.