The latest round of employment data shows the unemployment rate fell by 0.3 of a percentage point to 4.6 per cent through July. But the 12-year low might not signify labour market strength, experts say.
The NSW government has begun engaging with the accounting professional bodies in a bid to resolve technical issues plaguing its COVID-19 support measures, but for some, more could have been done sooner.
NSW Minister for Customer Service Victor Dominello has apologised to businesses for the slow delivery of COVID-19 business support payments, of which 80 per cent have now been processed.
Concerns over the state of the Australian economy have swelled across the profession, according to a new survey, as uncertainty and economic support inconsistencies begin to reveal holes in the Morrison government’s national COVID-19 plan.
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