First Nations entrepreneurs have been at the forefront of innovation and entrepreneurship from being the oldest bakers in the world to building the oldest known aquaculture that was used for farming fish and eels. However, they are often overlooked by the mainstream Australian economy due to systemic discrimination, institutional racism and cultural bias.
A new federal Gov't, a pandemic, a war and tough trading markets, has prompted women to investigate something new for their investment portfolio. According to a survey by Fidelity, despite lacking confidence in their investment techniques, 20% of women have decided these conditions need a new strategy to help them achieve options for their future they desire.
Over the weekend on World Environment Day, Aussies noted a shift in the mood around the climate agenda. As we settle into a newly elected gov't with commitments to cut greenhouse gas emissions more aggressively, it’s worth remembering that policies are going to take time. More importantly, they are not where our collective role in climate begins and ends.
The world of work is experiencing talent dynamics like we’ve never seen before. Even during the Global Financial Crisis, we didn’t see the pace of change that’s happening now. Entire industries are being forced to come to grips with the fact that talented employees want to work differently, off the back of the pandemic. On the other hand, there are industries where mass layoffs and restructures have created job uncertainty and unemployment for many.
Commpete, Australia’s leading alliance of challenger telecommunication companies, has come out in opposition of proposed merger of Telstra and TPG’s regional and rural mobile networks, calling on the Australian Competition and Consumer Commission (ACCC) to do the same.
The Federal Court has found RI Advice, an Australian Financial Services licensee, guilty of breaching its license obligations to act efficiently and fairly when it failed to have the appropriate cyber risk management systems to effectively manage its cybersecurity risks.
There’s no denying the benefits that the shift towards hybrid work has provided since the pandemic began. Workers have been allowed to take Zoom meetings from the comfort of their own homes while wearing pyjamas if they really want to, using their laptops and mobile devices to communicate with co-workers in the office or from their own homes if they want.
When the first lockdown was announced in March 2020, it came with the news that we’d no longer be able to attend sporting events live. People weren’t able to attend any live sporting events for over a year. As a result, live sports became more accessible to view at home.
The need for digital and data literacy has never been greater with a staggering 87% of jobs in Australia currently requiring digital literacy skills. And the latest predictions show between 32,000 and 160,000 specialist artificial intelligence workers will be needed across the country by 2030 in the specific areas of machine learning, data engineering, natural language processing, computer vision and other artificial intelligence-related technologies.
We’ve all seen the long list of big names called out for underpaying workers, from celebrity chefs to the country’s biggest employers such as Qantas, Coles, Woolworths, NAB, CBA, Super Retail, the AB, and even – allegedly – some of our biggest law firms1. It’s a problem affecting remuneration from hiring to retiring. PwC estimates underpayment affects 13% of the Aussie workforce and Industry Super Australia found bosses failed to pay three million employees, nearly $5bn in employer super contributions in 2018-193.