Business

The Economy

Vacancies were 7.3 per cent higher than in the same period of 2016, data from the Australian Bureau of Statistics showed.

Job vacancies highest since mid-2011

Job vacancies have risen for a third straight quarter to hit the highest since May 2011, data showed on Thursday, a promising omen for a much-needed pick-up in labour demand.

Treasurer Scott Morrison is still talking a big game.

Scott Morrison's Monty Python moment

It's a dangerous thing to talk a big game before taking the field. Treasurer Scott Morrison did that pre-departure for the weekend G20 finance ministers meeting in Germany. He's been left trying to claim a big loss was actually a win. Monty Python's dismembered Black Knight comes to mind.

Treasurer Scott Morrison will be presented with the damning report in Baden Baden.

Lift GST, says OECD in dismal report card

The Organisation for Economic Co-operation and Development has castigated Australia for inadequate progress on tax, Indigenous affairs and support for business in a report card to be presented to finance ministers from the group of 20 leading industrial nations in Germany on Saturday.

Janet Yellen and the Federal Open Market Committee have been careful to take the global pulse before acting.

US Fed playing with fire by lifting rates

One almost wonders whether the Fed is really raising rates to puncture the asset bubble out of moralistic urges, just as it did from 1928 to 1929.

Full-time employment rose by 27,100 jobs, while the number of part-time jobs was down by 33,500.

Unemployment rate jumps to 5.9%

The jobless rate has unexpectedly jumped to 5.9 per cent, its highest level in just over a year, as the economy shed 6400 jobs in February.

Small Business