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Australia’s annual wage growth hits record high

The Australian Bureau of Statistics’ (ABS) reported Wage Price Index (WPI) for the December quarter showed an increase in wages of 3.3 per cent yearly and 0.8 per cent from the September quarter.

Job vacancies in Australia decrease but remain high at end of 2022

Job vacancies decreased by 5 per cent in November 2022, declining by over 23,000 from August’s result, according to the latest report from the Australian Bureau of Statistics. 
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.