index australian economy

[Link] Techies demand top dollar as skills shortages bite

Read: 27/10/2021 www.afr.com

Australian tech companies are turning down new business because soaring pay rates being charged by workers with in-demand skills are making projects unprofitable, instead turning to training and other non-financial strategies to try to lure and retain staff.

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[Link] China’s infant formula golden days are gone, says Bega

Read: 26/10/2021 www.afr.com

Bega Cheese chairman Barry Irvin has warned that infant formula markets in China are unlikely to recover to pre-COVID-19 levels, but on a brighter note, said the company gained a bargain in last year’s acquisition of the Lion portfolio of milk and flavoured milk brands.

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[Link] Why are millions of unemployed people excluded from our monthly 'unemployment' data?

Read: 17/10/2021 www.abc.net.au

Do you scratch your head when you hear the government talking about the unemployment rate? Currently, the unemployment rate is just 4.6 per cent.

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