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Home Affairs Minister Clare O’Neil has announced Australia’s permanent migration cap will be increased by 35,000 to 195,000 for this financial year.

Skilled migrants with advanced technical and digital skills can help drive productivity and contribute to upskilling our own workforce.”

The number of dwelling approvals fell in Western Australia (-36.9%), Victoria (-17.4%), New South Wales (-16.2%), Tasmania (-14.5%) and Queensland (-13.7%). South Australia rose 19.2%, in seasonally adjusted terms.

The world’s biggest central banks are ready to follow through with higher interest rates, even if it does some damage.

Businesses growth quadruple pre-COVID; Jobs + Skills thought leadership; Saudi bets on batteries; China faces youth jobless 20%

Digitisation and climate change are the fastest changes Australians have ever faced. The jobs summit and the white paper which follows must set out how the nation copes with them.

The lithium in the salty brine byproduct around its oilfields is becoming a key source for the metal as a supply deficit widens.

“We are in a moment of unprecedented disruption and change. So let’s take one breath… take a step outside and say, ‘well, how do we really get that right?’. Because if we get it right, I think it can create jobs and growth and prosperity and wealth for the country and for the people and families who make up Australia. “

“some state-owned banks are extending loans to companies and then allowing them to deposit funds at the same interest rate, Others are borrowing from each other through short-term financing arrangements”

“we’re just comparing apples, oranges and bananas all the time.”

All across South-East Asia, heavily guarded, sinister compounds have sprung up to house these industrial-scale scam operations – and to trap people forced to work for them in terrifying conditions.

RBA setting up biannual panel of private sector economists;
Jobs + Skills Summit talking points; Unemployment down to 3.4%, but participation rate also down; ABA joins TNFD Forum