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The Latest Breaking News from Callam Pickering

Why Singapore Is Ideal for Remote Workers and Jobseekers

The pandemic flipped the work world on its head, making remote gigs the new norm. Jobseekers now think twice before staying in their home state or area.

International Business Times

‘Highly probable’: RBA tipped to hike interest rates in June after wage data

Economists are predicting another interest rates hike after wage growth rose in the March quarter, with risks around low productivity growth.

The New Daily

‘Resilient’ jobs market foreshadows more interest rate hikes, economists say

Australia’s jobs market showed little signs of slowing in March despite almost a year of interest rate hikes, economists said.

The New Daily

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50-50: RBA mulls rate hike as retail sales slow

Australians are spending less time at the shops as sky high inflation and rapidly rising interest rates eat into retail sales.

The New Daily

Household wealth sinks by $57 billion while consumer confidence takes a dive

Australians are expected to spend less on big ticket items like cars and furniture as household wealth plunges amid sky high inflation.

The New Daily

‘Inflation has peaked’: RBA hikes interest rates again and signals more as economy slows

The Reserve Bank has raised interest rates for the 10th straight meeting in a row and continues to flag more hikes in a bid to curb inflation.

The New Daily

Economists back tourists and international students to keep Australia out of recession

Sharp interest rate hikes are putting families under pressure, slowing economic growth, but a tourism rebound is providing recession optimism.

The New Daily

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Walking the ‘narrow path’: Will Australia avoid a recession in 2023 as Jim Chalmers predicts?

Treasurer Jim Chalmers isn't predicting a recession in 2023, but experts say the risk is rising as consumer spending slows.

The New Daily

The jobs market posted its best year in decades, but wages haven’t kept up

Australia’s jobs market has finished 2022 in a remarkably strong position, but there's a mystery underneath that's hurting most workers.

The New Daily

‘Mighty’ shoppers drive the economy as millions splurge before Christmas

The strength of consumers spending right now has many economists scratching their heads ahead of Christmas but a "reckoning" looms.

The New Daily

‘Wouldn’t want to trade’: Why Australia’s inflation battle pales in comparison to global woes

Times are tough in Australia right now, but Reserve Bank boss Philip Lowe doesn’t think you’d want to be anywhere else.

The New Daily

Smarter Australia: Census reveals sectors with massive growth

Australia is rapidly transforming into a highly qualified nation where vast numbers are taking jobs in fields like cybersecurity.

The New Daily

Christmas chaos looms as businesses face severe worker shortages

Australians are being warned to expect longer queues at restaurants and shopping hubs over the Christmas holidays as businesses struggle.

The New Daily

‘Not a pretty picture’: Labour shortage pinch this Christmas

Australia's worsening hospitality labour shortage is sparking fears the Christmas rush could be the final straw for remaining workers.

The New Daily

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The New Daily

Economists discount unemployment rise amid ‘bright’ jobs outlook

Australia's unemployment rate ticked up for the first time in 10 months as more Australians looking for work offset a solid rise in jobs.

The New Daily

Consumers drive the economy by spending savings, but inflation is set to hit hard

A massive number of Australians spending their lockdown savings on holidays and eating out drove above-trend economic growth over the June quarter.

The New Daily

‘Deeply negative’: Real wages plunge at fastest rate on record before jobs summit

Australian households are suffering under the sharpest decline in real wages on record as “sluggish” purchasing powercontinues to lag soaring prices.

The New Daily

‘Inflation spiral’: Price rises broaden as households face supermarket squeeze

Households are being squeezed at the petrol pump and increasingly at the supermarket as Australia's cost-of-living crisis continues to worsen.

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The New Daily

‘Dangerous’: ATO hands out $5.7 billion in tax refunds in July as inflation soars

The federal government has paid out $5.7 billion in tax refunds to households in July amid warnings the stimulus will worsen soaring inflation.

The New Daily

‘Secret weapon’: Female jobs boom drives COVID recovery as unemployment rate falls

Women have emerged as a “secret weapon” driving Australia’s world leading COVID recovery, with a huge rise in female jobs easing labour shortages.

The New Daily

‘A taste of what’s to come’: Home owners slugged with second rate hike

Home owners could see their monthly mortgage bills rise by hundreds of dollars in coming weeks after a second RBA rate hike in as many months.

The New Daily

‘Devastating’: Households suffer biggest real pay cut since 2001

Australian households are suffering the worst cost-of-living squeeze in more than two decades, with real wages falling at the fastest pace since 2001.

The New Daily

‘Desperate’: Record number of Australians take on multiple jobs

Australians are taking on multiple jobs in record numbers as a lack of well-paid, full-time work forces employees to juggle several roles to make ends meet.

The New Daily

No need to apply: New graduates find a wealth of job offers waiting for them

The pandemic changed the face of the Australian workforce, but university graduates are being flooded with offers – without having to apply for jobs.

The New Daily

‘Slightly elevated’: New data shows Australia’s Great Resignation is a myth – at least so far

The latest ABS data suggests the great resignation is actually a big fizzer in Australia, with the number of workers leaving their jobs only up slightly.

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