#Australian Economy

[going-to-superhell]

[faultfalha]

The moon shone down upon the empty streets of in Australia's capital, a ghostly silence in its wake. The people had heard the news from the East, of a distant land brought to its knees. A whisper of despair, no one quite knew how the transition would be, yet they braced for the impact of a faraway storm. Nothing could be done to prepare for the economic uncertainty of what was to come, and so they waited in their fear, under the moon's gentle glow.

[avandelay20]

“And third, they should explore ways to encourage owners of short-stay rentals advertised on platforms such as Airbnb to return those properties to the long-term rental market, for example by lifting the rate of land tax that applies to short-stay accommodation.”

Third? Try FIRST and most importantly: all short-term rentals need to be converted IMMEDIATELY to long-term.

Once the Government has provided ample supply of public housing, those units/houses can return to leasing on a short-term basis. 

[specialistrecruiters]

Future of Work: Economics (Building resilience in the construction industry)

Although the industry has always been described as tumultuous, the sector’s performance has certainly been strained due to the global Covid-19 pandemic. Employing around 10% of the working population and contributing to 7.2% of GDP, Australia is heavily reliant on this industry to rebuild and stabilise the country. Read more: http://bit.ly/3YExrdx

[arpadvisory]

5 Business Survival Tips

5 Business Survival Tips

The aftermath of the global COVID-19 pandemic, has left significant changes for each country’s economy and on a global level. The cause of such massive disruption in established economies have included: flight grounding; vaccination mandating (for the workplace); isolation requirements; vast business closures (both temporary and permanent); government stimulus packages; the return of…

[alphabetsoup-blogposts]

The labour market was surprisingly resilient during the Covid pandemic in Australia and elsewhere. 

[icsgloballogistics]

High-Quality Infrastructure Critical for Freight and Supply Chain in Australia

The importance of infrastructure investment for freight and supply chain management is something we have grown used to hearing. Fewer and fewer people are convinced that every dollar you invest in public transport or road user charges is money wasted. Yet the strong case can be made that infrastructure plays a pivotal role in aligning economic, social, and environmental goals. It’s a massive global industry that relies on both technology and physical infrastructure to move things safely and efficiently. Infrastructure is critical to setting up factories, warehouses, factories, and distribution centers across Australia.

[going-to-superhell]

danananananana were completely fucked, completely fucked, were completely fucked

[wigglybug]

HELLO PLEASE LET ME DRAW YOU SOMETHING IN EXCHANGE FOR MONEY :D

any queries or questions feel free to message me!

(i reserve the right to turn down any commissions i think are icky or i do not want to draw)

[faunandfloraas]

Ah nothing like a good supermarket bargain of a 4 pack of undies for only ... 34 dollars 🤗

[faultfalha]

The Australian dollar is in free fall as the Chinese economy stalls. Businesses are bracing for the impact on the tourism market, as Chinese visitors are among the biggest spenders. Economists are warning of a recession as the Australian dollar falls further against the yuan.

[dontmeantobepoliticalbut]

It’s not every day you see a CEO arguing for a worse economy. But that’s what Tim Gurner, founder and CEO of Australian luxury real estate company the Gurner Group, tried to do at an Australian Financial Review conference on Tuesday.

“Employees feel the employer is extremely lucky to have them, as opposed to the other way around,” Gurner told the audience. “We’ve got to kill that attitude, and that has to come through hurting the economy,” he continued.

“We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around,” he said. The real estate CEO also suggested that Australian unemployment needed to jump by as much as 50%.

Gurner also complained about “tradies”—workers who practice a trade, like electricians, plumbers and carpenters—and claimed they had “pulled back on productivity.”

Gurner’s remarks have since rocketed out of the Australian context to catch the attention of commentators around the world, including U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.).

“Major CEOs have skyrocketed their own pay so much that the ratio of CEO-to-worker pay is now at some of the highest levels *ever* recorded,” the congresswoman wrote on X, responding to a video of Gurner’s comments.

WHO IS TIM GURNER?

Gurner is the head of the Gurner Group, a real estate company founded in 2013. According to the company’s website, the firm has a development and management portfolio worth about 9.5 billion Australian dollars (or just over $6 billion). The firm primarily focuses on luxury homes and property management, but also dabbles in private social clubs, with one offering anti-aging services.

The Australian Financial Review estimates Gurner’s net worth to be $584 million.

It’s not the first time Gurner has courted controversy with his opinions.

Back in 2017, Gurner took to Australia’s “60 Minutes” news program to talk about housing affordability.

The real estate millionaire complained that poor spending habits—particularly on avocado toast and other small luxuries—were the reason why younger Australians were struggling to afford homes.

“When I was trying to buy my first home, I wasn’t buying smashed avocado for [19 Australian dollars] and four coffees at [4 Australian dollars] each,” he said.

“The people that own homes today worked very, very hard for it, saved every dollar,” while younger Australians “want to eat out every day, they want to travel to Europe every year,” he said.

In spite of his rhetoric, Gurner reportedly got help when he started out. According to the Australian Financial Review, after Gurner’s comments went viral, the real estate founder got help from his former boss and his grandfather as he was starting his business.

COMPLAINING BOSSES

Gurmen’s blunt complaints about arrogant workers may win sympathy from other business leaders.

In April, the CEO of office equipment company MillerKnoll, Andi Owen, told employees to stop worrying about bonuses in an internal meeting.

“Spend your time and your effort thinking about the $26 million we need, and not thinking about what you’re going to do if you don’t get a bonus, alright?,” she said, while also suggesting that employees “leave Pity City.”

Owen apologized for her comments after they went viral on social media. She later told Fortune CEO Alan Murray that social media allowed “a few negative people to amplify and take things out of context,” and that the experience reinforced her view of bringing people back together in person.

Then in May, Tesla CEO Elon Musk complained that workers who wanted remote work needed to “get off their goddamn moral high horse.” In an interview with CNBC, Musk argued that remote employees enjoyed unfair privileges that other workers didn’t yet. “You’re going to make people who make your food that gets delivered—they can’t work from home?” Musk asked.

Despite the loud rhetoric from some CEOs, the remote work debate between bosses and workers may be settling into a truce. Over 80% of Fortune 500 companies tracked by remote work platform Scoop are settling into a hybrid work system.

“A lot of the coverage and discussion is on the CEOs who are pushing really hard on full time in office, and there are a lot of readers interested in that,” Scoop CEO Rob Sadow tells Fortune. “But in reality, employees and employers are less far apart than it may seem.”

[baelavelaryon]

so i've officially gotten the job!!! 🥳🥳 i start NEXT WEEK

[techdriveplay]

Chery Tiggo 7 Pro Ultimate - TDP Review

[anguilliforme]

ok but the commonwealth games thing is a bit funny. sorry luv not doing it x

[alphabetsoup-blogposts]

The UK isn’t the only country being roiled by political controversy over tax cuts.