Page 11 - டிஜிட்டல் நிதி பகுப்பாய்வு News Today : Breaking News, Live Updates & Top Stories | Vimarsana
$3b in the red: Queensland s biggest debt hotspots
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$3b in the red: Queensland s biggest debt hotspots
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One month to economic carnage
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Hospitality workers, beauticians, and house cleaners have bourne the brunt of massive job losses during the coronavirus pandemic.
Closures of pubs and restaurants, restrictions on close contact services, and public fears of going out left thousands in Centrelink queues.
However, other industries had enormous booms as Australians spent more time at home and needed their goods and services more than ever.
Demand for IT workers has soared as Australians increasingly work from home during the Covid pandemic (stock image)
The need for IT experts rose dramatically along with handymen and gardeners, detailed labour force data from the Australian Bureau of Statistics revealed.
Last modified on Mon 15 Feb 2021 17.02 EST
The Australian housing market is going gangbusters and all the signs are the boom is here to stay.
When property data firm CoreLogic tracked 1,191 auctions last weekend, it found 86.1 per cent of properties that went under the hammer sold, a 2.3 per cent increase on the week before.
The company’s head of research, Tim Lawless, says it is a result not seen since 2015.
“When auction clearance rates are high, you expect house prices to be rising and vice-versa,” Lawless said. “At the moment we’re seeing clearance rates well above 80 per cent. The last time we saw the same was in 2015, but you have to go back a decade to see auction markets as strong as this.”