Sunday, January 29, 2023
No Result
View All Result
Globe NewsWire
Advertisement
  • Home
  • News
    • USA
    • Europe
    • Australia
    • Africa
    • Middle East
    • Asia Pacific
  • Politics
  • Business
  • Health
  • Sports
  • Technology
  • Entertainment
  • Gossips
  • Travel
  • Lifestyle
  • Home
  • News
    • USA
    • Europe
    • Australia
    • Africa
    • Middle East
    • Asia Pacific
  • Politics
  • Business
  • Health
  • Sports
  • Technology
  • Entertainment
  • Gossips
  • Travel
  • Lifestyle
No Result
View All Result
Globe NewsWire
No Result
View All Result
Home News Australia

Enhance competitors to elevate productiveness

by Globe NewsWire
August 24, 2022
in Australia
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter


An absence of competitors within the economic system might be contributing to Australia’s productiveness slowdown, based on the assistant minister to the treasurer.

The decline in startup numbers, a fall in job-switching and the focus of industries recommend competitors is dwindling, Andrew Leigh will say within the Gruen Lecture on Thursday evening.

“Low productiveness development and declining competitors are key long-term points dealing with the Australian economic system,” Dr Leigh will say.

He factors to the rise in mark-ups, which refers back to the quantity firms cost relative to how a lot it prices to supply a services or products, as additional proof for the ebbing competitors.

Dr Leigh says Australia ought to be paying shut consideration to efforts by US officers to handle anti-competitive behaviour by digital platforms.

This follows regional job vacancies hitting an all-time excessive, with 86,865 out there positions in July based on Australian Bureau of Statistics knowledge.

There was additionally a fall in expert job vacancies throughout all states and territories in July.

Within the Northern Territory, recruitment exercise dropped by 8.2 per cent, adopted by Victoria (down 7.8 per cent) and the ACT (down six per cent).

CommSec senior economist Ryan Feslman stated there was nonetheless a extreme scarcity of labour, however the “nice job increase” could have peaked.

“Whereas labour demand seems to be easing, as rising rates of interest and hovering inflation start to gradual hiring exercise, the variety of unfilled job vacancies across the nation stays terribly elevated,” Mr Felsman stated.



Source link

Tags: boostcompetitionliftproductivity
Previous Post

Liverpool capturing: Dozens of launched prisoners murdered in a 12 months, figures present after legal hit leaves woman useless

Next Post

French knowledge regulator investigating Twitter safety allegations – POLITICO

Related Posts

Australia

Couple charged after physique discovered, lady allegedly kidnapped in NSW

by Globe NewsWire
January 29, 2023
Australia

Australian Open director Craig Tiley calls on tennis, different sports activities to do extra to assist Ukrainian athletes

by Globe NewsWire
January 29, 2023
Australia

Iran stories drone assault army website

by Globe NewsWire
January 29, 2023
Australia

‘Whose streets? Our streets!’: Police unit disbanded after Tyre Nichols’ video shocks the world

by Globe NewsWire
January 29, 2023
Australia

Two wounded in new Jerusalem capturing as Australia condemns lethal assaults

by Globe NewsWire
January 28, 2023
Next Post

French knowledge regulator investigating Twitter safety allegations – POLITICO

Restaurant Proprietor Faces Backlash for Receipt 'Propaganda' About 'Surcharge'

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Entertainment
  • Europe
  • Fashion and Lifestyle
  • Gossips
  • Health
  • Middle East
  • Politics
  • Sports
  • Technology
  • Travel
  • USA

Browse by Tags

Asia Biden Black Business Canberra China City Court COVID Cup Day Dead death Dies Diplomat Election Free home House killed Life Man News NPR People Police POLITICO President Radio Russia Russian Shooting South time Times top Trump Twitter U.S Ukraine war win World Year years
Globe NewsWire

Get the latest news and follow the coverage of breaking news, local news, national, politics, and more from the top trusted sources.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Entertainment
  • Europe
  • Fashion and Lifestyle
  • Gossips
  • Health
  • Middle East
  • Politics
  • Sports
  • Technology
  • Travel
  • USA

LATEST UPDATES

  • Passenger bus in Pakistan crashes, catches fireplace killing 40
  • Baltimore taking pictures leaves little one shot, man useless
  • Ukraine struggle updates: Russia mandates ‘primary army coaching in colleges’ as preventing in Bakhmut turns into ‘acute’
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Globe NewsWire.
Globe NewsWire is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • News
    • USA
    • Europe
    • Australia
    • Africa
    • Middle East
    • Asia Pacific
  • Politics
  • Business
  • Health
  • Sports
  • Technology
  • Entertainment
  • Gossips
  • Travel
  • Lifestyle

Copyright © 2022 Globe NewsWire.
Globe NewsWire is not responsible for the content of external sites.