Search results “Australian bureau statistics mining”
Australian Bureau of Statistics - Census "Spotlight"
How do you get a country excited about a census? How do you increase participation in the droll process of gathering data? "Spotlight," an innovative interactive piece from Leo Burnett Sydney, manages to gather information from the public while delivering a personalized experience that puts the country's information into a context that is both entertaining and relevant. "Spotlight" asks the user a series of questions, and then guides them through a customized animated journey based on their answers, while using statistics to entertain and inform.
Views: 5810 Leo Burnett
Australian Bureau of Statistics - videoinfographs.com
Video infographic we created for the Australian Bureau of Statistics. Your own videoinfograph? For more info: www.videoinfographs.com
Views: 955 videoinfographs
Australian Bureau of Statistics
Senator Scott Ludlam asks questions in Senate Budget Estimates on Tuesday 4 June 2013 of the Australian Bureau of Statistics
How to search Australian Bureau of Statistics (ABS) Community Profiles
ABS's 'Community Profiles' are excellent tools for researching, planning and analysing geographic areas for social, economic and demographic data. This information will assist when researching your target market and to build a profile of potential customers within your chosen region. Learn more about market research http://www.business.qld.gov.au/business/starting/market-customer-research Connect with us: https://www.facebook.com/businessqldgov http://twitter.com/Businessqldgov
Views: 1268 BusinessQldGov
IBM 60 Second Social - Australian Bureau of Statistics
An IBM 60 Second Social story that shows how the Australian Bureau of Statistics inspires better work and generates greater insight by connecting its employees socially.
Views: 3008 IBM Social Business
Sourcing Mining Statistics from ABS
Sourcing Mining Statistics from ABS
Views: 243 Rebecca Mills
Larry Kostopulos, Australian Bureau of Statistics on Data Storage Management
Australian Bureau of Statistics has 105 years worth of data to back up. This video describes how the organisation managed to reduce time, cost and effort it takes to back up and restore 1.4 petabytes of data per week with IBM Tivoli Storage Manager.
Views: 149 Tatiana Kiblyk
Tense times at the Australian Bureau of Statistics
Tuesday night didn't go 100% to plan...
Views: 182 James Webster
International Maritime Organization (IMO)
The International Maritime Organisation (IMO) "Day of the Seafarer" - on June 25 - is the opportunity for renewed efforts to safeguard the human rights of seafarers throughout the world and ensure that they are offered proper legal protection and support. Australia's export earnings from the energy and mineral commodities in the March quarter of 2011 was AU$40.3 billion (US$43.0 billion), 10 percent lower than in the December quarter of 2010, according to statistics released by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
Views: 7369 TheMarinewaves
China and Australia on path to recovery?
Today, the US dollar has advanced notably against the Chinese yuan. The dollar/yuan pair is trading at the fresh intraday highs. In the early session, the dollar/yuan pair was trading flat for a while. Then, it headed upward and reached the level of 6.5915. China’s currency was affected by the manufacturing PMI in the latest Caixin survey. The actual figure fell short of expectations. According to the Caixin survey, business activity in the manufacturing sector has been gauged below the median 50 points for 15 months in a row that indicates contraction. So the manufacturing PMI slipped to 49.2 in May from 49.4 in April. Caixin analysts think the indicator has been falling due to lower demand for services and shrinking investments. Unlike Caixin survey tracking small and medium-sized companies, the official gauge focuses on large and state-owned enterprises. The official report from China’s National Bureau of Statistics revealed the index has hit the key level of 50 for the third straight month. The official manufacturing PMI came in at 50.1 in May, unchanged from April. The index is a tick higher than the 50 median reading. These reports revived doubts over the steady recovery in China’s industry. Such uncertain prospects have put pressure on the Chinese currency. Experts warned investors that business activity in the manufacturing sector is set to decline in the near future as export orders have fallen for the second straight month. Besides, it is important to take into account the country which directly depends on China’s economy. Today, Australia released the GDP data for the first quarter. Australia’s Bureau of Statistics reported that GDP rose by 1.1% in the first quarter surpassing expectations of 0.8% growth. Annual growth stepped up to 3.1%. Experts note that the economic growth was mainly driven by the mining sector which expanded by 6.2%. However, the strong US dollar is trying to depress the Australian rival as the anticipation of the funds rate hike sets the tone for trading. The market absorbed the optimistic message in the latest speech of US Fed Chair Janet Yellen. Nowadays, the market is certain that the US central bank is due to tighten monetary policy in the nearest months. This move is likely to increase pressure of the US dollar on the basket of the majors. https://www.instaforex.com
Views: 289 InstaForex
General Skilled Migration(GSM) - Australia
This is my ice breaker speech at ToastMasters, on General Skilled Migration(GSM). This is on what's in it for the Immigration Nation to invite around 200,000 migrants every year. The inter-generational report is discussed in here. This is an analysis on how GSM boosts the Australian Economy, GSM's contribution to Australia's GDP, GSM as a remedy to aging population problem in Australia, GSM, Net Overseas Migration (NOM) levels, Permanent Residents (PR) stats, Skilled Visa and Family Visa numbers. Transcript: Narration (Intro): Last 2 years, around 200 K people got PR in Australia. They made Australia colourful, they are still making it colourful, singing dancing and considering it as their second home. They had their reasons to come to Australia and Australia has its reasons too. I had a chance to speak in a local public speaking club on GSM - genera skilled migration and what’s in it for the immigration nation. Speech Transcript: We are one…. We are many and from all the lands on earth we come. We share a dream and sing with one voice… I am , You are , We are Australians. Fellow Toast masters and my dear guests, this is Sujith Billa and today I am going to talk about GSM- General Skilled Migration. General Skilled Migration definitely contributes to the GDP growth in Australia. This is not me saying it but but this is what the Australian Bureau of Statistics says. that . If you look at the numbers from 2014 - 15 from the department of Immigration and Border Protection, 190,000 migrants have come to Australia. Out of them 68% are skilled and 32% are family stream. Can I say that the family stream migrants doesn’t come, sit back and watch TV. They eventually join the workforce.So they too contribute to the GDP. Industry wise, if you have a look at that, The mining boom is going down. According to the intergenerational report, in 2050, we are looking at the manufacturing sector and we are looking at other sectors including the IT sector. These migrants contribute, eventually to different sectors as well. If we talk about different visa types, we have got the student visa, we have got the skilled independent visas, we have got the most talked about Visa, the 457 visa , which was an election issue, last elections. These visas contribute to the GDP as well. Starting from TimTams, migrations buy, ….the list goes on up to houses. They make residential investments and then boost the Australian Economy. The problem in Australia today is the ageing population. Again, according to the intergenerational report, there are 3 P’s. one of the P’s is population. This is endorsed by the Australian Parliament and Australian government in Canberra. the foreword is written by the Treasurer. they say that the ageing population in 2050 would be worse and if you compare the migration stats with the ageing population, the more number of migrations we have means the more number of people we have in the workforce. Narration(Conclusion:) We not boost the Australian economy but also provide entertainment as well. Look at this..SITA Garden. the mini India.event 1 in the white night Melbourne 2015. This is GSM- Global Skilled Migration.
Views: 1656 Sujith Talks
AUD bulls leading the pack
The Australian dollr has won favor with investors. Predictable moves of the Australian regulator and solid performance of the resource-rich economy bolster demand for the Australian currency. In the North American session yesterday and the Asian trade today, the AUD/USD pair tried to break through the resistance level of 0.7680. Aussie bulls resumed their activity following the release of the ISM service-sector PMI in the US. Amid the downbeat report, the US dollar logged its largest daily decline in more than a month. Its rivals took advantage of the greenback’s weakness. As for the Australian dollar, its appeal among investors is well deserved. Earlier today, the Australian Bureau of Statistics presented the GDP report for the second quarter. According to the government data, the economy slowed down its pace of growth to 0.5% in the second quarter after a stellar 1.0% gain in the first quarter. The figure in the June quarter came in slightly below expectations for an increase of 0.6%. The year-on-year growth rate accelerated to 3.3% in line with economist forecasts. It is the fastest expansion seen in four years. Experts note that foreign trade is making a positive contribution to the Australian economy. Thanks to investments in the mining industry, the country was able to enlarge commodity exports. Nevertheless, the economy is not robust enough to revive inflation. This enables market players to view the aussie as a lucrative asset for medium- and short-term investments. Amid too slow growth of consumer inflation, the Reserve Bank of Australia is broadly expected to announce another rate cut until the end of the year. https://www.instaforex.com
Views: 177 InstaForex
ABS - What Students Say about CensusAtSchool
Students give their views on the 2008 CensusAtSchool Questionnaire
Views: 154 ABSEducation
Australian retail sales soar to 4-year high
The experts undervalued the Australian economy once again. The Australian Bureau of Statistics publishes rosy reports for the second day in a raw. The retail sales and fourth quarter GDP reports were above the forecasts. In January, retail sales increased 1.2% compared with December. The analysts had expected a growth of 0.5%. On annual terms, the indicator jumped 6.2% showing the fastest pace of growth since 2009. Meanwhile, Australian trade balance topped the expectations as well. In January, trade proficit hit 1.43 billion Australian dollars, its best in two-and-a-half-years. The exports volumes were driven by rural goods sales, metallic ores and minerals, coals, and other mineral fuels. Supported by strong reports, the Aussie rose 30 points against the U.S. opponent and breached the level of 90 U.S. cents. Thus, the pace of economic growth in Australia in Q4 2013 and in this January exceeded the expectations. Positive reports came as surprise for the economists. It seems that the country "is going from gloom to boom." However, the fly in the ointment may be the Australian dollar. The Reserve Bank of Australia thinks that the rate of the local unit is too high. The regulator believes that the level of 85 U.S. cents is the most appropriate one to foster the economy.
Views: 21 Forex News Daily
Labour Market Policies: National Framework And Dispute Resolution (HSC Economics)
HSC Topic Four -- Economic Policies and Management Labour Market Policies - Role Of National And State Systems Labour Market Policies - National Framework Labour Market Policies - Dispute Resolution Filmed on Wednesday 20 August 2014. Sources used (in order of appearance): Australian Bureau of Statistics
Views: 541 Bambul Shakibaei
Better Data Statistics Equals Better Suicide Prevention Response
Dawn O'Neil (Lifeline Australia's CEO) explains the importance of revisions to the Causes of Death statistics released today by the Australian Bureau of Statistics. The revised figures show more Australians died by suicide than previously thought. For more information on Lifeline or suicide prevention please visit our website at www.lifeline.org.au. To see the statistics published by the ABS - please go here http://www.abs.gov.au/ausstats/[email protected]/mf/3303.0?OpenDocument
Views: 772 LifelineAustralia
Australia's jobless rate hit 12-year high of 6.4% in July
Unemployment in Australia has surprisingly jumped to its highest level in at least a decade, signaling the economy remains weak. According to the Australian Bureau of Statistics, the jobless rate rose to a seasonally-adjusted 6-point-4 percent in July from 6 percent in June. The last time the unemployment rate hit this level was in August 2002. Analysts say the new job figures are unlikely to alter the Reserve Bank's economic outlook while lowering expectations of a near-term hike in interest rates. The central bank has held interest rates at a record low two-and-a-half percent for a year to support the economy against a mining slowdown, which has pushed unemployment higher over the past year.
Views: 1099 PressTV
Economic Status Analysis 2018 (Australia)
Voter Rights Party (Australia) voterightsparty.com https://www.facebook.com/groups/1437021733231319/ 130 sources used, including, World Economic Outlook Database, World Bank Open Data, Australian Bureau Statistics, Australian Trading Economics publication, federal govt budget reports, & Wikipedia research. One of the largest mixed market economies in the world 2nd wealthiest nation in terms of wealth per adult, after Switzerland. Total wealth - AUD$8.9 trillion (June 2016) 8th highest total estimated value of natural resources, valued at US$19.9 trillion in 2016. 14th largest national economy by nominal GDP (domestic monetary market value; goods & services) 20th largest by PPP-adjusted GDP (international monetary market value; goods & services) 25th-largest goods exporter 20th-largest goods importer GDP of AUD$1.69 trillion (2017) GDP by sector; our economy is dominated by our Service sector; 61.1% of GDP & employing 75.6% of jobs 2016; Services 61.1%, Construction 8.1%, Mining: 6.9%, Manufacturing: 6.0%, Agriculture: 2.2% (2016) Work Force by Occupation; Services 75.6%; Construction 9.1%, Manufacturing 7.5%, Wholesale Trade 3.2%, Agriculture 2.7%, Mining 1.9% (2016) GDP per capita $56,135 (nominal) Average Gross Weekly Salary $1605 (full time adult) $1179 (all jobs) May 2017 Work Force 12.5 million; Unemployment 5.6%, 735,000; Participation rate 65.7% (March 2018) Not include aged & disability pensioners, non working students, prisoners, & homeless, we know 3.2 - 3.4 million citizens drugged, Non-participation rate 34.3% Inflation Rate 1.8% annually Govt Revenues $461 billion Govt Expenses $484 billion (2017); $23 billion federal budget deficit (1.9% of GDP) Public Debt 42.3% of GDP (Oct 2017) is Aust govt debt, amount owed by Aust federal govt. April 2017, the gross Aust government debt $567 billion, increase from $420 billion (2016), from $59.6 billion (2004). Net federal debt estimated $326 billion in 2016-17 federal budget - 60% is owed to foreigners. Public Debt to GDP ratio listed by CIA’s World Factbook & IMF. Net debt figure is the cumulative total of all govt borrowings less repayments denominated in a country's home currency. Exports $388 billion (2017); primary products 60.1% Imports $376 billion (2017); manufactured products 59.9%; overall current account trade deficit end Dec 2017 $14 billion deficit Net foreign debt liability position increased 2% by $19.6 billion to $1.10 Trillion, Dec 2017. Total Gross External Debt AUS$1.94 Trillion (Feb 2018) Gross External Debt is the total debt a country owes to foreign creditors (foreign debt), together with internal debt owed to domestic lenders. Debtors include the govt, corporations & citizens of our country. Debt includes money owed to private commercial banks, other govts, & international financial institutions such as International Monetary Fund (IMF) & World Bank. Net international investment position liability $986 billion Dec 2017, a 3% increase $27.8 billion from Sept 2017. $40 billion in interest given to domestic & foreign banks & corporations, annually, to service govt & external debt. Taxation; Aust has a vertical fiscal imbalance; in the top 5 pronounced VFI's in the world: states & territories collect only 18% of all govt revenues yet have 50% of govt expenditure. Our (Voter Rights Party) new tax system will fix these imbalances. Australia's large companies include; Wesfarmers, Woolworths, Rio Tinto Group, BHP Billiton, Commonwealth & NAB Banks, Westpac, ANZ, Macquarie Group, Telstra & Caltex Aust. Poverty; 2017 ACOSS report revealed growing poverty in Aust, estimated 2.9 million people or 13.3% of all people living below the internationally accepted poverty line, it also estimated 731,000 children are in poverty, & 17.5% children under age 15 in poverty. Homelessness; Every Census since 2006 proves increases in Homelessness. In 2011; 105,237 people homeless on census night, 1 in 200 Australians represented 17% increase from the 2006 census, from 45 per 10,000 to 49 per 10,000. Homeless people increased more than 14,000 - 14% - in the five years to 2016, (ABS census). 116,000 homeless on census night in 2016, representing 50 homeless people per 10,000. 2006 – 2011 Increased 17% 105,237 2011 – 2016 Increased 14% 116,000 Historical implications of homelessness Australia is a mess economically; those politicians have created massive disparities between rich & poor in Australia. We obviously have more than enough existing & natural resources wealth for all adults to be working or receive international standards in basic income, & to be housed. Govt & external debt is massive, & increasing, & created by liberal & labor progressively since 2nd world war. No excuses for the deaths, poverty, & homelessness that has occurred in this country over the past century to today. Study our economic vision for Australia, & view it as definite economic strategies to eradicate govt & external debt & improve income living standards for all citizens.
Views: 976 Teresa van Lieshout
Average Australian full-time worker earns $82,435 a year but Canberra workers get $94,125
Thank you for watching. Have a nice day! My channel: https://goo.gl/vCXdrM ABOUT: The average Australian full-time worker earns $82,435 a year but there's one city where salaries are substantially higher, official figures show.Average weekly earnings, before tax and bonuses, stand at $1,585.30, following an annual wage increase of 2.7per cent.For an average full-time worker, that equates to $82,435.60 a year.Men earn 17 per cent more a year than women, with average full-time salaries of $87,209.20 compared with $74,562.80 for female workers who are often in lower-paid industries.If that is not enough, workers wanting to earn 14 per cent more, or an average full-time salary of $94,224, should move to Canberra - the national capital and home to most Federal Government departments.The Australian Bureau of Statistics's wage data for May, released today, showed the Australian Capital Territory offers average weekly earnings of $1,812, making it the nation's richest state or territory.In terms of professions, mining engineers make the most per week, with pay packets of  $2,592.00, or $134,784 a year.After mining, media and telecommunication offered the next highest average salaries of $100,396 followed by finance and insurance services on $98,532.For almost everyone else, the Australian Bureau of Statistics's chief economist Bruce Hockman said wages growth was still stagnant.'We're still seeing low average earnings growth,' he said.When it came to the battlers, the accommodation and food services sector offered the lowest full-time salaries of $59,103, followed by retail trade on $60,388.Average salaries rose by one per cent in the six months to May 2018, translating into an annual increase of 2.7per cent.Public servants enjoyed higher annual wage increases of 3.2per cent, compared with the private sector average of 2.7per cent.While the overall increases were small, they were still an improvement on the six months to May 2017, when wages rose by a minuscule 0.6per cent.Tasmanians had the lowest average salaries of $1,379.20 a week, or $71,718.40 a year.Australia's unemployment rate fell marginally from 5.4per cent to a five-and-a-half year low of 5.3per cent in July even though 3,900 jobs were lost.Mining-rich Western Australia had the nation's second highest salaries of $90,496 a year.The Northern Territory, which is home to natural gas projects, was third with average salaries of $86,762 a year.New South Wales, which includes Australia's financial powerhouse Sydney, was the only other state or territory to offer above-average salaries of $83,517 a year.
Views: 39 News Today 24H
The hardest thing for property investors to do today is to make decisions and take action against a background of static from media commentators. This year we've had an endless stream of negative and sensationalist commentary from economists and journalists. They've told interest rates would rise, but they haven't. They've told us our home values would collapse, but they haven't. They've told us we have the most unaffordable homes on the planet, but the official figures from the reserve bank show that we have nothing of the sort. We're in a similar situation as we were late in 2008, when they global financial crisis struck. At that time, the same economists and media commentators told us australia would follow the world into recession. They were wrong. They told us Australian unemployment would reach 10%, but it didn't even go close to that level. They told us property values would fall in 2009 by anything up to 40%. But property values rose. They rose again in 2010, contrary to the persistent forecasts of economists, share market analysts and other talking heads in the media. If you still need to be convinced that the chattering economists are not worth listening to, consider interest rates. Since late last year, we have been inundated with daily speculation about the next interest rate rise. Before every monthly meeting by the board of the reserve bank, economists have lined up to predict that interest rates would rise. Every scrap of data released by the Australian bureau of statistics has been given an interest rates angle. One day there will figures showing a major rise in mining investment -- and that, so we're told, means interest rates will rise. The next day figures will be published telling of a further decline in retail spending, and that apparently means interest rates will not rise. Then news of worrying signs in the world economy will prompt the same talking heads to predict that interest rates will fall. A day later, figures will come out describing a rise in inflation. That means interest rates will rise. Yes, the same commentators who earlier predicted a fall will now be predicting a rise again. Many commentators stated before the July RBA board meeting that an interest rate rise was certain. Then they told us rates would rise, for sure, before the august meeting. The common denominator of all those predictions is that they were all wrong. The first eight months of the year has failed to deliver a single rate rise. The last was back in November 2010 and that remains the only interest rate rise in the past year and a half. All that wasted energy and media space on pointless, inaccurate, incompetent speculation. I have a term to describe all this silly chatter and incompetent forecasting: i call it white noise. To be successful as property investors, you have tune out the white noise, the background static that clutters up the information channels. Generally speaking, it's inaccurate poorly-informed prattle from non-experts. As property investors, you need to ignore it and just get on with business.
Views: 401 Terry Ryder
Australian Graduate Survey Highlights
The latest Graduate Careers Australia results show graduate employment is at 71.3%, the lowest since 1992/93 when it reached 71.2%. http://www.laboursolutions.com.au/ What’s interesting is back in 92/93 the country was recovering from 1990s recession, whereas the 2013 numbers show that job prospects have continued to fall since the global financial crisis in 2008. Of the 43,359 survey respondents who were looking for full time work, 18 percent were only working part time, while a 10.6 per cent were unemployed. While in 2012, only 15 per cent were working par time and 8.6 unemployed. Despite these figures, graduates still have a strong presence among the labour market according to the latest figures from the Australian Bureau of Statistics, with only 3.4 per cent unemployed, compared with a 7.8 per cent among those with no post school education. Disciplines with employment rates higher than 90% were mining engineering, medicine and pharmacy graduate, while the worst included visual and performing arts with 48%, life science with 52%, social sciences 56% and 59 in humanities graduates.
Views: 94 laboursolutions
Most of us, at one point during our lifetime,  would have suffered from challenges relating to our health, wellness or weight management. According to the Australian Bureau of Statistics, only 5.1% of adults meet the guidelines for the recommended daily intake of fruits and vegetables.  Even if you're consuming adequate servings of 'the good stuff', the soils that they're grown in are depleted of life-giving minerals, which translates to cells that are utterly deprived of any deep nourishment.   This is a huge problem because your body can't produce minerals, it needs to get them from an external source.  Even if you're taking a vitamin supplement, your body can't use it unless the right minerals are present.  We're being exposed to more toxins than ever and the use of herbicides and pesticides greatly reduces the uptake of trace minerals by the plants.  When we consume these toxins, the body goes into protection mode and stores them in fat tissue, which disrupts the metabolism and contributes to weight gain. It's obvious that as a nation we're getting fatter. This is mostly because many foods that are being consumed are nutrient deficient, so the body sends a message to eat more, looking for nourishment that will help it thrive.     It's not all doom and gloom though, as there's great hope for your future health if you turn mineral deficiency into nutritional abundance by adding what's missing from our food back into your diet. My research into cellular health has thankfully led me to discover an easy way to do this exact thing.  SUPERCELLS COMPLEX MINERALS WITH FULVIC ACID is a completely organic blend of more than 77 minerals, trace elements and amino acids and offers a solution to cell malnourishment, which may be key in transforming your health from lack-lustre to optimal. FULVIC ACID is known as the most powerful electrolyte (that means it electrically charges your cells) and it's job in our blend is to take the supply of trace minerals, elements and amino acids and deliver them INTO your cells.  It opens your cells to receive the goodness, because without it the minerals may only be absorbed by about 10%.   Thank you for watching!
Views: 155 SuperCells
Unemployment Rate Drops To 6 Percent: Australia
For more WORLD NEWS "SUBSCRIBE" US SYDNEY: Australia's unemployment rate unexpectedly fell to 6.0 percent in May, data showed today, in a sign the economy could be starting to better adapt to the end of a mining investment boom. Some 42,000 positions were added in the month, much higher than the 10,000 predicted by analysts, as the jobless rate ticked down from an adjusted 6.1 per cent in April. The increase in employment was driven by part-time jobs, which rose 27,300 while full-time roles were up 14,700, the Australian Bureau of Statistics said. The May figures were better than expected, with the consensus of economists that the unemployment rate would remain steady. The Australian dollar jumped three quarters of a US cent on the news to 77.93 US cents. "The 42,000 gain in Australian employment in May will no doubt add to claims that Australia's economy has weathered the end of the mining boom well," said Capital Economics senior Asia economist Daniel Martin.
Views: 74 World News Channel
Australia Unemployment Rate Drops To 6.0 Percent
For More Latest News Subscribe us: SYDNEY: Australia's unemployment rate unexpectedly fell to 6.0 percent in May, data showed today, in a sign the economy could be starting to better adapt to the end of a mining investment boom. Some 42,000 positions were added in the month, much higher than the 10,000 predicted by analysts, as the jobless rate ticked down from an adjusted 6.1 per cent in April. The increase in employment was driven by part-time jobs, which rose 27,300 while full-time roles were up 14,700, the Australian Bureau of Statistics said. The May figures were better than expected, with the consensus of economists that the unemployment rate would remain steady. The Australian dollar jumped three quarters of a US cent on the news to 77.93 US cents. "The 42,000 gain in Australian employment in May will no doubt add to claims that Australia's economy has weathered the end of the mining boom well," said Capital Economics senior Asia economist Daniel Martin.
Views: 53 BBC News
Unemployment Rate Drops To 12 Month Low Of 6 Percent: Australia
SYDNEY: Australia's unemployment rate unexpectedly fell to 6.0 percent in May, data showed today, in a sign the economy could be starting to better adapt to the end of a mining investment boom. Some 42,000 positions were added in the month, much higher than the 10,000 predicted by analysts, as the jobless rate ticked down from an adjusted 6.1 per cent in April. The increase in employment was driven by part-time jobs, which rose 27,300 while full-time roles were up 14,700, the Australian Bureau of Statistics said. The May figures were better than expected, with the consensus of economists that the unemployment rate would remain steady. The Australian dollar jumped three quarters of a US cent on the news to 77.93 US cents. "The 42,000 gain in Australian employment in May will no doubt add to claims that Australia's economy has weathered the end of the mining boom well," said Capital Economics senior Asia economist Daniel Martin.
Views: 46 CNN News
NextGen Systems
NGS Crypto is Australia's largest and fastest growing Crypto Currency Mining operation. The NGS Crypto platform is revolutionising Australian Wealth Management in the Crypto and Financial Services Space. To find out more about our Initial Mining Agreements and NGS Crypto visit us at the links below https://www.facebook.com/ngscrypto https://www.ngscrypto.com/news https://www.instagram.com/ngscrypto
Views: 839 NGS CRYPTO
These are the jobs most likely to pay more over the next few years
The Australian Bureau of Statistics has revealed the best job positions for anyone waiting on a pay rise after grim forecasts about future wage growth.A recent speech  by RBA assistant governor Luci Ellis concluded that most Australians probably won't be seeing any serious wage rises until 2020 at the earliest.This is the result of what Ellis calls 'spare capacity' in the labour market: essentially, when unemployment is so high that employers have no real incentive to increase salaries. The Reserve Bank of Australia has predicted that most Australians won't see significant wage increases until around 2020But it's not bad news for everyone, with industries suffering from labour shortages likely to increase wages sooner in order to attract more workers. RELATED ARTICLES Previous 1 Next TUI admits paying men twice as much as women: Travel giant... 'You don't need to go to uni': Theresa May condemns the... Share this article Share The ABS data shows perhaps surprisingly that some of the most promising industries for wage increases include healthcare, education and finance.Those with less chance of increasing include mining and transport. The Australian Bureau of Statistics, meanwhile, has revealed the best jobs in terms of prospective wage growth Healthcare is among the more promising industries, while mining, transport and construction are looking less encouraging WINNERS AND LOSERS  WINNERS: People employed in the arts, healthcare, and education can expect to see an increase in wages before 2020LOSERS: Those working in the mining industries, retail and admin are likely to see their salaries remain the same  Ellis states that: 'We shouldn't expect labour shortages to appear everywhere at the same time.'What happens instead is that they turn up in a few pockets of the labour market, then a few more, and gradually become more widespread as conditions tighten.'Overall, the hope is that unemployment will decrease and labour shortage will increase in most industries over the next few years, in turn bumping up wage growth.If RBA's projections are anything to go by, however, many Australians could be waiting a little while for that to happen.Earlier in the year, the Robert Walters Salary Survey also predicted that jobs in healthcare, infrastructure and data analytics were likely to see some of the strongest wage growth in 2018, due to high demand for people in those roles.Careers in machine learning and artificial intelligence showed similar promise.
Views: 3 Hot news Daily
Australian Stock Market Report – 8th June 2016 Wednesday
This is the Australian stock market closing report for Wednesday, 8 June 2016 The US major averages were mixed with the Dow and S&P closing higher and the NASDAQ closing slightly lower. The crude oil contract closed at a new yearly high up 1.45% creating positive leads for the Australian energy sectors. The ASX 200 was flat to slightly negative in today's session closing down 1 point to 5370 The day’s trading range was 40 points with the low of the session at 5335 of the session at 5375 Market breadth for the benchmark index was positive with 108 advancing stocks versus 77 declining stocks and 15 stocks unchanged The ASX sectors were mixed across the board with the Energy sector moving in lockstep with the Crude Oil contract to close to 2.1% higher Liquefied Natural Gas led the components closing higher by 25%, Worley Parsons close to the upside 5.5% and Whitehaven Coal was up 5.3% Consumer Staples sector also demonstrated relative strength to the overall market closing higher by 0.86% Metcash was the strongest component closing up 2.3%, Wesfarmers was higher by 1.8% and Select Harvests was up 1.5% The Financial sector closed in the red 0.15% Henderson Group was the weakest closing down 1.4%, Abacus Property was down 1.2% and Perpetual was lower by 1.2% The Banking bellwethers were mixed with ANZ closing down 0.5% or $.13 to $24.73, the Commonwealth Bank closedown 0.45% or $.35 to $76.99, National Australia Bank close down 0.45% or $.12 for $26.47 and Westpac was higher by 0.3% or 9c to $30.60 The Materials sector was lowered by 0.61% With BHP Billiton down 1.2% or $.24 to $19.54 and Rio Tinto lower by 1.9% or $.87 to $45.17 In Economic news The Australian Bureau of Statistics released the Housing Finance report for April indicating that the number of home loans approved rose 1.7% missing consensus of a 2.5% rise However the value of the total dwelling loan commitments fell 1.8% in the month of April Loans approved for owner occupied housing increased 0.1% and loans to investors fell a sharp 5% for the month and year over year investor financing was down almost 21% First homebuyer loans comprised of 14.4% of total loans to owner occupies in April, which is well below the long-term average of 20% The five most active stocks were Liquefied Natural Gas with a volume of 35.43 million, Telstra Corporation with 21.38 million, Fortescue Metals with 16.61 million, Qantas Airways with 13.96 million and Duet Group with 13.65 The five best performers were Liquefied Natural Gas up 25%, Worley Parsons up 5.5%, Whitehaven Coal up 5.3%, Mineral Resources up 4.5%, and Saracen Mineral Holding up 4.3% The five worst performances were Estia Health down 4.8%, Fortescue Metals down 4%, Australian Agriculture down 3.9%, Spark New Zealand down 3.5% and Cimic Group down 3.4% The Australian dollar is currently flat to slightly negative down 0.15% to 77.45 US cents Spot Gold is higher $7.50 or 0.6% to $1254 Crude oil is currently higher by 0.2% or $.10 to $50.45 This has been the Australian stock market closing report for Wednesday, 8 June 2016, and I've been your host Aaron first I'll see you again next time https://www.facebook.com/5alphainvest/videos/245034885877780/ http://5alphainvest.com/2016/06/08/australian-stock-market-report-wednesday-8th-june-2016/ #australianstockmarket #australianstockmarketnews #australianstockmarkettoday
Views: 72 5alphainvest
GovHack 2016 UtiliTeam Makernode Brisbane at HSBNE: "Bring Data to the Table"
Meka Beecham and Steph Piper's entry to the GovHack 2016 Makernode competition. We've used population, wildlife and topography data with woodworking and 3D printing to create an educational table and stools for young brisbanites. Dataset URL: http://www.ala.org.au/ Dataset Name: Atlas of Living Australia Publishing Organisation/Agency : Jurisdiction of Data : Australian Government How did you use this data in your entry? : We used this data to find animals and their locations in the Brisbane area to use in our Brisbane wildlife table Dataset URL: http://www.abs.gov.au/websitedbs/censushome.nsf/home/datapacks?opendocument&navpos=250 Dataset Name: Australian Bureau of Statistics DataPacks Publishing Organisation/Agency : Australian Bureau of Statistics Jurisdiction of Data : Australian Government How did you use this data in your entry? : We used "Overseas Born Population: Percentage of Total Population - 2011 Census" and "Aboriginal and Torres Strait Islander Peoples - 2011 Census" to make the population stools Dataset URL: http://qtopo.dnrm.qld.gov.au Dataset Name: QTopo Publishing Organisation/Agency : Department of Natural Resources and Mines Jurisdiction of Data : Queensland Government How did you use this data in your entry? : We used the topographical data to make our Brisbane wildlife table model
Views: 161 Stephanie Piper
Australian Stock Market Report - 17th May 2016 Tuesday
This is the Australian stock market closing report for Tuesday, 17 May 2016 With the US dollar testing an area of resistance and slightly softer, and commodities rallying overnight. Resulted in significant moves with in the Australian commodity related sectors and stocks. However the strength from the commodity related sectors was unable to be correlated to the benchmark ASX 200 due to a mixed financial sector creating a drag on the index. The ASX 200 closed higher 37 points or 0.7% to 5395 The daily trading range was 37 points with the high of the session at 5395 and the law of the session at 5358 The benchmarks market breadth was significantly positive with 128 stocks advancing versus 58 stocks declining and 14 stocks unchanged The Energy sector was the strongest of the session closing 3.1% higher. Santos lead the pack closing up 6.3%, Origin Energy was up 3.9% and Worley Parsons was higher by 3.1% The Metals and Mining sector was also dominant closing 2.63% higher The top three components BlueScope steel, Fortescue Metals and Independence Group all populating the top positions in the 5 best performance list. BHP Billiton closed up 65c or 3.5% to $19.21 and Rio Tinto closed up 66c or 1.5% to $45.87 The Consumer Staples sector was significantly stronger than the overall benchmark closing positive 1.16% Metcash was up 3.35%, Treasury Wine Estates was higher by 3% and Australian Agriculture was higher by 2.7% The Financial sector was mixed, marginally etching out gains of 0.1% ANZ Bank was up $.20 or 0.8% to $24.51, Commonwealth Bank was up $.70 or 0.9% to $78.70, National Australia Bank went ex-dividend and was lower by $.89 or 3.1% to $28.13 and Westpac was higher by $.16 or 0.5% to $30.20 In economic news The ANZ Roy Morgan consumer confidence index rose 1.1% last week ANZ head of Australian economics Felicity Emmett said "The result was a drawn out reaction to the previous weeks RBA interest rate cut" Data indicated that respondents’ views about economic conditions next year surged 6.1%, and their views about the economy in the next five years jumped 3.3% The subindex asking respondents whether now is a good time to buy a major household, item slipped 0.7% The Reserve Bank of Australia released its minutes today, relating to its meeting on May 3. The minutes indicated that reducing the cash rate to an all-time low was not a clear-cut decision for the board and that the 0.2% for in consumer prices in the March quarter had caught the reserve bank by surprise. The minutes did not provide an indication of the reserve bank's bias towards a further rate cut, which immediately saw buying in the Australian dollar. However economists are suggesting that further rate could not be ruled out given the central banks lowered inflation forecasts. The Australian Bureau Statistics said in a report released today that new motor vehicles sales fell 2.5% percent in April. However in the past four months total vehicle sales were higher by 2.4% for the current year. 97,604 new vehicles were sold in April, compared to 100,121 in March The five most active stocks in today's session were Fortescue Metals higher by 7.9%, Telstra Corporation up 1.2%, South 32 lower by 0.6%, Medibank Private flat on the session and Scentre higher 1.3% The five best performers were BlueScope Steel up 9.3%, Fortescue Metals up 7.9%, Independence Group higher 6.9%, Santos higher 6.3% Saracen Mineral Holdings up 5.5% The five worst performers were GUD Holdings down 6.1%, Austal down 4.7%, Flexigroup lower 3.7%, Retail Food Group down 3.5% and Oz Forex group lower 3.1% The Australian dollar is currently higher in the Asian session 0.8% to 73.49 US cents. Spot Gold is flat on the session trading at $1275 USD And Crude oil is continuing to push higher, up 60c or 1.25% to $48.30 This has been the Australian stock market closing report for Tuesday, 17 May 2016, and I have been your host Aaron Furst I'll see you again next time
Views: 14 5alphainvest
Wahkohtowin: Cree Natural Law
Discussions by four Cree elders; George Brertton, Fred Campiou, Isaac Chamakese and William Dreaver, give insight into the differences between Canadian law and Cree Natural Law and why Natural Law is needed in contemporary society. Wahkohtowin means "everything is related." It is one of the basic principles of Cree Natural Law passed through language, song, prayer, and storytelling. The elders explain that by following the teachings of Wahkohtowin individuals, communities and societies are healthier.
Views: 32890 BearPaw Legal
Australian Market Report of July 8, 2010
Australian share market delivered its biggest gains in five weeks this morning as the Dow Jones industrials bounced back to over 10,000 points overnight and commodities prices also rose. The Australian shares surged more than 2 per cent in early trade, with stronger materials, financial and energy sectors. On the economic front Thursday, the Australian Bureau of Statistics releases jobless rate for June. Company News Australian miner Cockatoo Coal (ASX:COK) has teamed up with Electricity monopoly Korea Electric Power Corporation (KEPCO) (SEO:015760) and Korean steel maker POSCO (SEO:005490) to acquire five mines from UK mining company Anglo American (LON:AAL). Cockatoo has entered into a conditional agreement to acquire Anglo American's interest in three projects in Queensland, and 30 per cent interests in each of two further projects in New South Wales. The total consideration of the deal between the consortium and Anglo American will be A$580 million. Cockatoo's share of the total purchase price is A$105.5 million. Its 30 per cent interest in Sutton Forest project in NSW will be funded by POSCO subscribing for A$21.5 million worth of shares in Cockatoo at A$0.467 per share, Cockatoo said in a statement. Blue Energy Limited (ASX:BUL) has agreed to a request from Korea Gas Corporation (KOGAS) (SEO:036460) to extend the expiry date on the farmin option by 8 months to 28 February 2011. KOGAS requested an extension of the farmin option due to the recent taxation uncertainty and exploration delays associated with the severe flooding events occurred between December 2009 and March 2010. Blue Energy says it is committed to working with KOGAS as a strategic partner and has agreed to the request. Centrex Metals Ltd (ASX:CXM) has completed financial close of its magnetite joint venture with Wuhan Iron & Steel (Group) Co (WISCO). Centrex transferred 60 per cent of the iron ore rights across five of its exploration licences on the Eyre Peninsula to WISCO. The Chinese steel maker paid Centrex A$51.5 million as the first instalment for the purchase of the iron ore rights, and A$50 million into the joint venture exploration account as the first instalment of its exploration work commitment. The payments by WISCO form the first instalments of the unconditional transaction terms. The companies aim to develop two, five million tonne a year iron ore mines on the peninsula over the next four to five years.
Views: 251 ABN Newswire
Australian share market set to open flat
THE Australian market looks set to open flat after Wall Street’s three main indices closed at record highs on Friday, helped by hunters for bargains in a post-election rally. At 0645 AEDT on Monday, the share price index was unchanged at 5,514. Locally, in economic news on Monday, the Australian Bureau of Statistics is due to release September quarter mineral and petroleum exploration data. No major equities news is expected on Monday. In Australia, the market on Friday hit a three month high thanks to demand for mining and energy stocks including BHP Billiton, Rio Tinto and Woodside Petroleum. #130
Australian Market Report of October 12: Watching the US Earnings Results
Dow index hit a fresh 2009 high on Friday after the earnings season kicked off. Upbeat forecasts on IT giants IBM and Intel fueled the market's growing expectations over a profit recovery. S&P's 500 and Nasdaq both gained more than 4.5 per cent for the week. The Australian market closed slightly lower on Friday as investors remained cautious to the US corporate results. Uncertainty may continue to weigh on the local market as more major US companies are scheduled to release their earnings this week. The benchmark S&P/ASX200 index Friday dropped 15.7 points, or 0.33 per cent, to 4752.9. For the week, the ASX200 rose 3.3 per cent. The broader All Ordinaries index lost 8.8 points, or 0.18 per cent, to 4754.5 on Friday. Key Economic Facts and Figures Australia's major banks have tipped that they will increase mortgage rates by more than the official Reserve Bank rises in the coming months because they are facing higher costs of raising money in the wholesale markets. But Treasurer Wayne Swan says the big four banks cannot justify raising interest rates by more than the Reserve Bank of Australia's 25-basis-point increase. Today the Australian Bureau of Statistics will release lending finance data for August. M&A News Felix Resources (ASX:FLX) said China's Yanzhou Coal Mining (SHA:600188) today will resubmit the application for its A$3.54 billion bid for Felix to Australia's Foreign Investment Review Board (FIRB) for a second time. Yanzhou withdrew and resubmitted its application for the first time last month. Mirvac Group (ASX:MGR) has entered into a Merger Implementation Deed with Mirvac Real Estate Investment Trust (ASX:MRZ) in relation to a A$256 million offer to acquire all the issued units in MRZ. Mirvac Group's offer is proposed to be implemented by way of a trust scheme, valuing the trust units at 54 cents. Mirvac currently owns 24.6 per cent of MRZ. Important Corporate News Toll road operator Transurban (ASX:TCL) has posted toll revenue of growth of A$206.9 million for the September quarter, an increase of 6.8 per cent on the prior corresponding quarter. All Australian assets reported traffic growth for the quarter. Toll revenue growth exceeded traffic growth on six out of seven roads. Fortescue Metals Group (ASX:FMG) says its September quarter production exceeded guidance by 9 per cent and reiterated its forecasts for the December quarter. The group also plans to spend A$360 million to fast-track the development of its Christmas Creek mine, which would increase its total annual iron ore production to about 55 million metric tonnes. Lend Lease (ASX:LLC) plans to become a stapled entity on ASX. This will be achieved by distributing units in a newly created trust, Lend Lease Trust to shareholders on a 1:1 basis and stapling each unit and share together to form a stapled security. Office service firm Servcorp Limited (ASX:SRV) plans to sell new shares to institutions and retail investors to raise A$80 million to fund its growth and take advantage of depressed prices for real estate. The company will raise A$51 million from an institutional placement and A$29 million from a one-for-11 accelerated non-renounceable entitlement offer. Seven Network (ASX:SEV) says its holding in James Packer's Consolidated Media Holdings (ASX:CMJ) has risen to 20.96 per cent after an on-market share buyback by ConsMedia reduced the number of shares on issue. Meridian Minerals Limtied (ASX:MII) said the FIRB has approved the investment of A$10.5 million into Meridian by Chinese company Northwest Mining and Geology Group Co. Ltd for Nonferrous Metals (NWME). NWME will subscribe to Meridian shares in a placement at a share price of A$0.08
Views: 337 ABN Newswire
Australian Market Report of March 16: End of the Bear Market?
Wall Street stocks extended the rising streak for the fourth day on Friday over the upbeat expectation that the bear market was close to the end. On Friday the Australian stocks posted a strong gain with financial sector soaring 5.3%, capping the best week for the market in three months. The benchmark S&P/ASX200 index ended 3.4% higher, or 109.7 points, at 3345.2, while the broader All Ordinaries index was up 3.3%, or 104.3 points, at 3294.7. The ASX200 rose 6% for the week. But analysts say that it is too early to say the bear markets end, although the US banks delivered turnarounds. Key Economic Facts and Figures Despite borrowers had been reluctant to return to the mortgage market, the market actually rebounded by 12% in the three months ended December, according to research and consultancy firm Market Intelligence Strategy Centre. It reflected the result of three interest rate cuts totalling 2.75% in the quarter, and the government's incentive scheme for first home buyer. Today the Australian Bureau of Statistics will release figures on lending finance for January. M&A News Chinalco's proposed A$30 billion investment in Rio Tinto (ASX:RIO) will receive an extra 90 days of scrutiny from the Foreign Investment Review. Computershare Ltd (ASX:CPU) has agreed to acquire Kurtzman Carson Consultants LLC for US$85 million and 2.45 million shares in Computershare. The deal is subject to US regulatory approval. Important Corporate News The ANZ bank (ASX:ANZ) denies the bank will make any "material" cuts to jobs in 2009, including jobs in Australia. The bank has set an ambitious target of becoming the most profitable institutional banking business in the Asia-Pacific region. Arrow Energy (ASX:AOE) said its subsidiary Arrow Energy International will farm-in to a 75.25 per cent operating interest in Far East Energy's 66.5 per cent interest in the Qinnan CBM PSC coal seam methane project in China. The Australian coal seam gas producer also says today it will not proceed with the compulsory acquisition of the shares it does not own in Pure Energy Resources Ltd (ASX:PES). The share price of Crown Ltd (ASX:CWN) jumped 13.5 percent on Friday following news that the deal to purchase Cannery Casino Resorts had been renegotiated. Atlas Iron Limited (ASX:AGO) said in a statement that it has entered into two new long term off-take agreements with two medium-sized Chinese steel mills. The two off-take agreements account for 50% of iron ore that will be produced from its 100%-owned Pardoo DSO Project for the three year period to 31 March 2012. Qantas (ASX:QAN) risks taking a multimillion-dollar hit to its earnings because of a looming shortfall in its superannuation scheme caused by the dramatic fall in returns from financial markets.
Views: 615 ABN Newswire
✅ The VERY surprising towns where Australians earn the highest salaries - and Melbourne's ritzy inne
💖 Please Subscribe: https://www.youtube.com/channel/UCmkVRpTmq1aTyPysdB1PF5A?sub_confirmation=1 💖#TheVERY, #surprising, #towns, #whereAustralians, #earn, #highest, #salaries, #Melbourne, #ritzy, #inner, #east, #Sydney ✲ ⋆ ❄ ❅ ❇ ❈ ❖ ✫ ✪ ✩ ✬ ✭ ✰ ✹ ✷ ✶ ✵ ✳ ✱ ❊ ✍ Australia's wealthiest suburbs are far from the bright lights and cityscapes of harbourside Sydney or metropolitan Melbourne. In fact, a far-flung pocket of Western Australia's rural north west earns over double the nation's average income.The median income for the 13,000 residents living in and around the mining and agricultural towns of Ashburton was $100,665, according to Australian Bureau of Statistics data from 2015-16.      For those living in and around the nation's less-glamorous capital, average incomes in the Australian Capital Territory were recorded as over $15,000 more than the national average of $47,692.Wages grew most sharply across the Northern Territory, partly due to strong growth in the Greater Darwin area, with average incomes in the state 21 per cent higher than they were five years ago.  Palmerston, near Darwin Harbour, is also home to a high proportion of higher income earners.In Queensland's remote Cape York mining town of Weipa, average incomes of $81,123 we ... ❉ ✾ ✽ ✼ ✠ ☆ ★ ✡ ✴ ✺ ☼ ☸ ❋ ✽ ✻ ❆ ۞ ۝ ☀ ❃ ❂ ✿ 💖 I do not own any images. For information on copyright infringement, please contact: [email protected] 💖 I will always put your website backlink and recommend them here: 💖 Licence: ✅ Adventures by A Himitsu https://soundcloud.com/a-himitsu ✅ Creative Commons — Attribution 3.0 Unported— CC BY 3.0 ✅ https://creativecommons.org/licenses/by/3.0/ ✅ Music released by Argofox https://youtu.be/8BXNwnxaVQE ✅ Music provided by Audio Library https://youtu.be/MkNeIUgNPQ8
Unemployment Rate - December 2014
As mentioned in our last update in December, it was agreed amongst most economists that unemployment rate would stabilise at around 6.3%, however the Australian Bureau of Statistics December data released last Thursday, shows Australia's unemployment rate has unexpectedly fallen to 6.1, a drop of .1% from the November'14 result. Around 34,000 jobs were added, most of them full-time, while part-time jobs suffered a strong fall with 4,100 jobs lost. Participation rate also showed an increase by 0.1% from 64.7% to 64.8%. Most economists currently commentating on this agree that the unemployment figures are finally starting to catch up with the lead indicators which show an improvement in the overall Australian labour market. www.laboursolutions.com.au
Views: 62 laboursolutions
Bankwest 2016 Federal Budget Review - Alan Langford
Alan Langford, Chief Economist shares his top take outs for Business & the Economy from the 2016 Federal Budget release. Read more: http://bit.ly/1MUiDBc The information contained in this publication is of a general nature and is not intended to be nor should it be considered as professional advice. You should not act on the basis of anything contained in this publication without first obtaining specific professional advice. To the extent permitted by law, Bankwest, a division of Commonwealth Bank of Australia ABN 48 123 123 124 AFSL/Australian credit licence 234945, its related bodies corporate, employees and contractors accepts no liability or responsibility to any persons for any loss which may be incurred or suffered as a result of acting on or refraining from acting as a result of anything contained in this publication. Based on Australian Bureau of Statistics data used pursuant to the Creative Commons Attribution 3.0 Australia license (available online at: http://creativecommons.org/licenses/by/3.0/au/)
Views: 633 Bankwest
Crisis on Tap Full Video for CAHR
Filled with interviews and interesting facts from indigenous peoples and scientists from Canada and around the world, fresh footage and new perspectives, this documentary offers a unique insight into the current conditions of water quality in Canada’s First Nations Communities. Some of these results are surprising and some are shocking and it is our hope that this documentary will engage, but more importantly, inform viewers. The Producer and Director is Dr Jeffrey Reading, (Mohawk Tyendinaga), and the Associate Producers are Robynne Edgar, (Metis Ancestry from Batoche) and Karen Davies (Cedarwood Productions).
Views: 5131 cedarwoodproductions
De Garis Says Australia Jobs Figures `Eyebrow Raising': Video
June 10 (Bloomberg) -- David de Garis, a senior economist at National Australia Bank Ltd. in Melbourne, talks with Bloomberg's Linzie Janis about the outlook for Australia's economy and Reserve Bank monetary policy. The number of people employed in Australia gained 26,900 from April, the statistics bureau said today. The median estimate of 23 economists surveyed by Bloomberg News was for an increase of 20,000. The jobless rate fell to 5.2 percent from 5.4 percent. De Garis also discusses the Australian government's planned mining tax and Reserve Bank of Australia monetary policy. (Source: Bloomberg)
Views: 199 Bloomberg
ABN Newswire Australian Market Report of August 31, 2010: Transit Iron Ore Assets
(ABN Newswire) - This morning the Australian shares dropped, led by energy and metals & mining stocks, after the US and European markets overnight closed lowered in quiet trade. Both the S&P/ASX200 Index and the broader All Ordinaries Index fell by approximately 0.7 per cent. Economic data due today include retail sales, building approvals and data on private sector credit, all for July. The Australian Bureau of Statistics also releases current account data for June quarter. The Australian dollar on Tuesday opened lower over a weaker than expected US consumer spending report, which weighed on the worries of a slow economy recovery. Earlier this morning the Aussie dollar was trading at 89.16 US cents, down from yesterday's close of 89.79 US cents. Company News Transit Holding (ASX:TRH) is to commence a formal programme to review the commercial opportunity presented by Transit's large and prospective iron ore assets in the Johnston Range, West Australia. Transit holds over 200km2 of Exploration Licences at Johnston Range containing a 35 kilometre long sequence hosting multiple banded iron formations. Increasing activity in the Yilgarn Iron Ore Province ("YIOP") has lead to the recognition that the region is an emerging iron ore province. This factor, along with recent corporate and exploration successes in the YIOP combined with continuing strong appetite for iron ore feed for the Chinese steel industry, has encouraged the Board to investigate strategies to unlock shareholder value in the Company's expansive and highly prospective iron ore leases. Phoenix Copper Limited (ASX:PNX) has commenced and produced its first copper product ahead of schedule, from the refurbished and redesigned Mountain of Light copper project near Leigh Creek in South Australia. Phoenix has completed a significant process heap leach re-design. A high grade copper concentrate "copper cement" has been produced from remnant ores in reconstructed stockpiles. The copper cement is subject to an off-take agreement with Adchem (Australia) Pty Ltd; a company based in Burra and adjacent to Phoenix Copper's exploration base for its Spalding/Burra tenements. The off-take agreement is for up to 300 tonnes per month of copper contained in product. Alara Resources Limited (ASX:AUQ) confirmed that it has secured rights to acquire up to a 70% interest in the Daris Copper Project located in Oman. This project is the second of a number of base metals project opportunities Alara is currently pursuing in several countries. The Daris Project contains known high grade copper mineralisation based upon previous drilling, a 25 hole diamond and percussion drilling campaign has commenced on walk-up drilling targets to test existence of shallow high grade mineralisation. Alara has also entered into an additional joint venture on a 70:30 basis to explore for copper/gold mineralisation in Oman. Drilling has commenced at Sipa Resource's (ASX:SRI) 100% owned Thaduna copper Project. Up to 30,000 metres of RAB/Aircore drilling is planned and is expected to continue for up to two months. Sipa will target copper anomalies developed from earlier RAB/Vacuum drilling, test a number of CTEM anomalies detected earlier this year and continue systematic drilling of potentially mineralised structures. In addition, a 700 metre diamond drill hole is scheduled to commence in the October Quarter to test a magnetic anomaly that may be caused by an igneous intrusion into the sedimentary rocks of the Yerrida Basin that the Thaduna Project covers.
Views: 307 ABN Newswire
Australian Stock Market Report - 19th May 2016 Thursday
This is the Australian stock market closing report for Thursday, 19 May 2016 In the overnight session The US major averages were mixed with the Dow Jones and the S&P 500 closing flat. The minutes from the April FOMC meeting were released indicating a possible interest rate rise at the upcoming meeting which resulted in the US dollar strengthening and commodity related stocks significantly selling off This produced a negative lead for the Australian commodity related sectors, with all of the related sectors measurably moving to the downside. However the potential damage to the ASX 200 index from the commodity sell off was mitigated somewhat due to the heavyweight financials sector closing positive. The ASX 200 close to the downside 32 points or 0.6% to 5323 The daily trading range was 68 points with the high of the session of 5371 and the low of the session at 5303 Market breadth was two thirds negative with 61 advancing stocks versus 127 declining stocks and 12 stocks unchanged The weakest sector for the session was the All Ords Gold Index closing down 7.53% Saint Barbara closedown 10.5%, Ramelius Resources closed lower by 9.7% and Resolute Mining closedown 9.7% The Metals and Mining sector wasn't far behind closing to the downside 4.4% Beadell Resources was lower by 9.4%, Evolution Mining was down 8.85% and Regis Resources was down 8.75% BHP Billiton was down 4.1% to $18.63 and Rio Tinto was down 3.6% to $44.18 The Energy sector was relatively weak to the overnight crude oil price closing to the downside 2% Worley Parsons was off for 4.1%, Santos was down 3.55% and Origin Energy was lower by 3.4% The financial sector bucked the trend of the overall benchmark index closing to the upside 0.1% Henderson Group close to higher 3.7%, QBE Insurance group closed up 1.7% and BT Investment Management closed to the upside 1.7% The big four banks were mixed with ANZ closing higher 1.1% to $24.97, the Commonwealth Bank closing up 0.3% to $77.88, National Australia Bank closing down 0.8% to $27.30 and Westpac closing up 0.8% to $30.22 In economic news The Australian Bureau of Statistics today released the labour force survey which indicated that the unemployment rate for the month of April remained at 5.7% The report showed that the number of persons employed increased by 10,800 in the month of April and that the seasonally adjusted labour force participation rate decreased by less than 0.1% to 64.8% With regards to annual employment growth, the figures are slightly down when compared to December 2015 at 2.6% to the current figures of 2% Economists suggest that the latest data takes some pressure off the reserve bank of Australia to cut interest rates further. The five most active stocks were Fortescue Metals lower by 5.5%, Telstra Corporation down 1.5%, South 32 lower 3.7%, Beach Energy was flat on the session and Alumina down 1.8% The five best performers were James Hardie up 6.2%, Henderson Group higher by 3.7%, JB Hi-Fi up 3.4%, Orora up 2.25% and GWA Group up 2.1% The five worst performers were St Barbara down 10.5%, Evolution Mining down 8.85%, Regis Resources down by 8.75%, Saracen Mineral Holdings down 7.8% and Newcrest Mining down 7.5% The Australian dollar is currently lower in the Asian session trading at 72.20 US cents Spot Gold is trading near session lows off 1.4% to $1257 USD And Crude oil is down 1.6% in the Asian session down 77 cents to $47.42 This has been the Australian stock market closing report for Thursday, 19 May 2016, and I have been your host, Aaron Furst, I'll see you again next time
Views: 18 5alphainvest
Australian Market Report of October 9: Upbeat US Job Data and Consumer Spending
Overnight the US stocks closed higher on the positive Alcoa earnings and better-than-expected weekly jobless claims and consumer spending. Investors were also encouraged by the US retailers' first same-store sales gains in more than a year. Yesterday the encouraging job data pushed the local market to its highest in a year. The benchmark S&P/ASX200 index was 1.6 per cent higher, or 72.9 points, to 4768.6 points; the broader All Ordinaries index gained 67.5 points, or 1.4 per cent, to 4763.3. Meanwhile, the Australian dollar hit a fresh 14 month high of 90.15 US cents in the minutes after the ABS data was published. Key Economic Facts and Figures The Australian Bureau of Statistics said the unemployment rate in September fell to 5.7 per cent from 5.8 per cent in previous month. The better-than-expected result, as a sign of economy recovery, could give the Australian central bank stronger confidence to further raise its official interest rate in November. Treasury Secretary Ken Henry has warned there could be a further reduction of 100,000 jobs and a further detraction of 1.5 per cent from GDP if the Federal Government's stimulus scheduled to impact in 2010/11 was cancelled. Government's next forecast will likely include stronger forecasts for gross domestic product growth and a peak unemployment rate lower than the 8.5 per cent forecast in the time of the budget. M&A News Australian iron ore explorer United Minerals Corp (ASX:UMC) is expected to announce that it has received a takeover offer from BHP Billiton (ASX:BHP), which is tipped as a potential suitor. The expected offer comes after the A$27.7 million deal with China Railways Materials Commercial Corp to acquire 11.4 per cent stake in United Minerals. United Minerals on Friday requested a suspension in trade of its shares pending an announcement on a potential change of control transaction. Polaris Metals NL (ASX:POL) said in a statement on Friday neither of the takeover offers proposed by Lion-Asia Resources and Mineral Resources (ASX:MIN) is "clearly superior". Polaris shares are currently trading on ASX at or slightly above the A$0.60 per share offered by Lion-Asia. Babcock & Brown Infrastructure (ASX:BBI) yesterday launched a A$1.8 billion recapitalisation plan aimed at addressing the company's A$1.2 billion of debt. Canada based asset management specialist Brookfield will emerge with a cornerstone shareholding up to 40 per cent. Brookfield will take 100 per cent of PD Ports in the UK, and BBI will also spin off Australian Energy Transmission and Distribution and Cross Sound Cable. Consumer goods company GUD Holdings Limited (ASX:GUD) said it intends to make an off-market takeover offer for all the shares it does not already own in Breville Group (ASX:BRG). GUD is offering all Breville shareholders one GUD share for every 4 Breville shares. The offer values Breville at A$322 million. Important Corporate News The big four banks have raised their standard variable mortgage rates by the same amount as the Reserve Bank's 25 basis points increase on Tuesday. The ANZ (ASX:ANZ) and Westpac (ASX:WBC) will increase the rate to 6.06 per cent while NAB (ASX:NAB) and Commonwealth Bank's (ASX:CBA) rate will rise to 5.99 per cent. Elders Limited (ASX:ELD) said it will not participate in the Forest Enterprises Australia (ASX:FEA) capital raising. Elders holds a 31.1 per cent equity interest in FEA through its wholly owned subsidiary. As a result, Elders' FEA interest will be diluted from 31.1 per cent to approximately 13.5 per cent
Views: 1009 ABN Newswire
10/14/2014 -- Large 7.4M earthquake hits Nicaragua -- RAW Video + EQ Update
MAJOR links below!! :) Full website post with the Earthquake stats on each event here: http://dutchsinse.tatoott1009.com/10142014-7-3m-earthquake-in-nicaragua-followed-by-6-2m-in-west-pacific/ _____ If you like my work , here is a Secure link to donate to support the operation. No pressure, and many thanks to the HUNDREDS of people who have given over the past 3 years. https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=YMANFP7E3DAQG _____ CERI : http://www.ceri.memphis.edu/seismic/heli/index.html USGS main earthquake site: http://earthquake.usgs.gov/ USGS LISS : http://earthquake.usgs.gov/monitoring/operations/heliplots_gsn.php USGS GSN : http://earthquake.usgs.gov/monitoring/gsn/ USGS ANSS : http://earthquake.usgs.gov/monitoring/anss/ USGS weekly volcanism : http://www.volcano.si.edu/reports/usgs/ Montana Bureau of mines : http://mbmgquake.mtech.edu/earthworm/large_wavef_disp/welcome.html Yellowstone : http://www.isthisthingon.org/Yellowstone/daythumbs.php NCSN :http://quake.usgs.gov/cgi-bin/helipark.pl USGS Hawaii data clearinghouse: http://hawaii.wr.usgs.gov/ USGS Hawaii earthquakes : http://tux.wr.usgs.gov/ USGS Earthquake Hazards Program : http://earthquake.usgs.gov/eqcenter/helicorders.php Midwest USA : http://folkworm.ceri.memphis.edu/recenteqs/ New Madrid seismic zone : http://www.showme.net/~fkeller/quake/maps.htm Arkansas seismic network: http://www.geology.ar.gov/geohazards/ark_seismic_network.htm New Madrid Seismic Zone : http://www.ceri.memphis.edu/seismic/stations/nmsz.html http://www.pnsn.org/seismograms/pnsn-data-products/waveform-data http://www.pnsn.org/OPS/stations.html California seismographs: http://pasadena.wr.usgs.gov/webicorder/ http://earthquake.usgs.gov/monitoring/helicorders/nca/ Alaska Volcano observatory: http://www.avo.alaska.edu/ Mount Baker (pacific northwest): http://mbvrc.wwu.edu/index.shtml Nevada Seismological Laboratory : http://www.seismo.unr.edu/Earthquake Berkeley California : http://quake.geo.berkeley.edu/bdsn/quicklook.html Alaska Tsunami warning center: http://wcatwc.arh.noaa.gov/events/eventmap.php Pacific Tsunami Warning center: http://ptwc.weather.gov/ National Data Buoy Center : http://www.ndbc.noaa.gov/ Pacific Basin Information node: http://www.nbii.gov/portal/server.pt?open=512&objID=240&mode=2&in_hi_userid=2&cached=true East coast USA (columbia college): http://www.ldeo.columbia.edu/cgi-bin/LCSN/WebSeis/24hr_heli.pl?id= Public Seismic Network Stations: http://psn.quake.net/currentseismicity.html SNSN (Slovakia) http://www.seismology.sk/Live_seismograms/live_seismograms.html University of Barcelona (Spain): http://sismic.iec.cat CRSN (Czech Republic): http://www.ig.cas.cz/en/seismic-service/live-seismograms TÜBİTAK (Turkey): http://www.ydbae.mam.gov.tr/sismogram/ ZAMG (Austria): Live Seismogramm Erdbeben-Station Conrad Observatorium Hellenic (Greece): http://bbnet.gein.noa.gr/Real_Time_Plotting.htm RéNaSS (France): http://renass.u-strasbg.fr/cgi-bin/largeb/plotBB_web.pl NORSAR (Norway): http://www.norsar.no/NDC/data/latest.html British Geological Survey (United Kingdom): http://www.earthquakes.bgs.ac.uk/helicorder/heli.html Royal Observatory of Belgium: http://seismologie.oma.be/index.php New Zealand http://www.geonet.org.nz/earthquake/drums/index.html Mexico seismographs: http://www.ssn.unam.mx/ Belgium seismographs: http://seismologie.oma.be/index.php?LANG=NL&LEVEL=210 Philippines earthquakes and volcanic activity: http://www.phivolcs.dost.gov.ph/ Swiss seismology: http://www.seismo.ethz.ch/index Canadian seismographs: http://earthquakescanada.nrcan.gc.ca/recent/index-eng.php http://earthquakescanada.nrcan.gc.ca/stndon/wf-fo/trace_app.php?target=MNTQ.BHZ http://earthquakescanada.nrcan.gc.ca/recent/maps-cartes/index-eng.php http://www.ggl.ulaval.ca/ Russian seismographs: http://www.ceme.gsras.ru/ccd.htm Japanese seismographs: http://www.gsi.go.jp/ENGLISH/index.html Thailand seismicity / seismographs : http://www.seismology.tmd.go.th/en/index.php Australian seismographs: http://www.seis.com.au/ http://www.ga.gov.au/earthquakes/ Netherlands seismographs: http://www.knmi.nl/seismologie/aardbevingen-nederland.html New Zealand seismographs: http://quake.crowe.co.nz/Mobile/ Iceland seismographs: http://en.vedur.is/earthquakes-and-volcanism/earthquakes/ Italy seismographs: http://cnt.rm.ingv.it Taiwan earthquake information: http://www.cwb.gov.tw/V7e/earthquake/ EMSC : http://www.emsc-csem.org/Earthquake/index.php Indonesia seismographs: http://aeic.bmg.go.id/
Views: 12447 dutchsinse
Australian Stock Market Report - 27th April 2016 Wednesday
I'm Aaron Furst with the Australian stock market closing report for Wednesday, 27th April 2016 Initially the soft CPI data was met with the ASX 200 rallying to the upside greater than 1%, however the Financial sector was unable to hold onto the gains as Institutional investors began to price in an RBA rate cut, even as early as next week, which saw the Financial sector abruptly reverse momentum to the downside The benchmark ASX 200 closed lower by 0.6% or 33 points to 5187 The daily trading range was 102 points with the high of the session 5281 and the low of the session at 5179 Internally, the market breadth was positive with 99 stocks advancing versus 87 stocks declining and 14 stocks unchanged The Financial sector was hit heaviest in today's session closing down 1.17% The Commonwealth Bank was down 2.46% or $1.86 to $73.76, National Australia Bank was down 2.18% or 60c to $26.90, Westpac was lower by 2.03% or 64c to $30.94 and ANZ Bank was down 1.53% or 37c to $23.88 The Real Estate Investment Trusts demonstrated strength relative to the market by closing higher 0.53% Shopping Centres Australasia was higher by 2.23%, Charter Hall group was up by 1.7% and Stockland was higher by 1.17% The Mining bellwethers were both lower on the session with Rio Tinto down 2.1% or $1.02 to $48.42 and BHP Billiton down 0.6% or $.11 to $19.65 The Gold Miners and Producers had a phenomenal performance with the index closing up 2.94% Perseus Mining was up 15.1%, Kingsgate Consolidated was up 8.9%, and Alacer Gold Corp was higher by 7.1% In economic news, Figures from the Australian Bureau of Statistics on Wednesday showed the prices of goods and services slumped 0.2% in the March quarter and in the 12 months to March the rise was just 1.3% It was the first quarterly decline in headline inflation in eight years The data recorded that underlying inflation rose by 1.55% over the year, which is the weakest growth since the records began in 1983 The CPI figures came in well below the RBA's inflation target band of 2 to 3% year over year nominal inflation AMP chief economist Shane Oliver said that the RBA couldn't ignore the risk that global deflationary pressures softer domestic demand and very weak wages growth could keep inflation below target for an extended period He said quote "while we had virtually given up on a rate cut at its May meeting next week, after recent solid jobs data, there is now a reasonable chance that the RBA may move next Tuesday" The five most active stocks on the session were Fortescue Metals lower by 2.9%, Mirvac group lower by 0.8%, Qantas Airways up 4%, South 32 higher by 0.9% and Telstra Corporation lower by 0.7% The five best performers were Pacific Brands up by 4.4%, Qantas Airways was up by 4.05%, Clean Away Waste up by 4%, St Barbara higher by 3.7% and Northern Star Resources higher by 3.6% The five worst performers were Select Harvests down 6%, Broadspectrum down 5.8%, Liquefied Natural Gas down 5%, Resmed down 3.7%, and Mesoblast down 2.9% The Australian dollar is currently lower by 1.66% to 76.19 US cents Spot Gold is higher by 0.4% or five dollars to $1248 USD And Crude oil is higher by $.55 or 1.25% to $44.59 USD This has been the Australian stock market closing report for Wednesday, 27 April 2016 and I've been your host Aaron Furst, l'll see you again next time.
Views: 14 5alphainvest
National Aboriginal Day: Our Voice, Our Culture, Our Community, Aboriginal Youth Video Project
The Aboriginal Youth Video Project involved teaching 12 young people from Richmond, British Columbia, how to create a video story of their experience as young Aboriginal people living in Richmond. The youth were encouraged to reflect on their history and current issues in society, and to include footage and reflections on Richmonds National Aboriginal Day events which celebrate Aboriginal identity. The video is to be used to support teaching about healing and reconciliation. The video is used with permission from the Richmond Youth Services Agency.
Views: 11898 presvideo
Australian Stock Market Report - 26th May 2016 Thursday
This is the Australian stock market closing report for Thursday, 26 May 2016 In overnight sessions the US major averages were higher by 0.7% and the commodity index finished up 1.2% The positive leads suggested a strong day for the ASX 200, however the heavyweight financial sector was a drag on the benchmark index The ASX 200 closed higher by 0.3% or 15 points to 5388 The daily trading range was 48 points with the high of the session of 5402 and the low of the session at 5354 Market breadth was relatively even with 98 advancing stocks versus 85 declining stocks and 17 stocks unchanged With the US dollar softer and commodity related benchmarks rallying overnight this resulted in a very strong finish for the Metals and Mining sector, which closed higher by 2.26% Perseus Mining led the components closing up 11.6%, Iluka Resources was up 7.9% the lithium and borax miner Orocobre was higher by 6.15% The Energy sector jumped 1.96% with Whitehaven Coal up 9.3%, Santos higher by 4.9% and WorleyParsons up 4.6% The Material sector was also a strong performer closing up 1.69% Independence Group was up 5.4%, Western Areas higher by 3.8% and Syrah Resources up 3.7% BHP Billiton jumped $.51 or 2.7% to close it $19.41 and Rio Tinto was up $.45 or 1% to $45.48 The Financial sector moved in alignment with the overall market to close up 0.31% CYBG dominated for the second day in a row closing up 4.4%, OZ Forex was up 2.2% and QBE Insurance Group was higher 2.15% The big four banks were mixed with ANZ closing higher by 1% to $25.54, The Commonwealth Bank was up 0.26% to close at $78.59, National Australia Bank was down 0.44% closing at $27.36 and Westpac was up 1% to close at $30.75 The Consumer Staples sector was slammed in today's trading down 2.08% Wesfarmers led the components lower by 3.6%, Asaleo Care was down 1.25% and Woolworths closed out the session 1.2% lower In economic news Official figures from the Australian Bureau of Statistics show that new business capital expenditure fell by 5.2% in the March quarter. Investment in buildings and structures fell 7.9% and investment in equipment, plant and machinery fell 1% for the quarter. With business capital expenditure on a year on year basis falling 15.4% In another report from the Australian Bureau of Statistics The data indicated that the valuation of funds under management in the Australian funds management industry decreased $21.8 billion or 1% in the 3 months to March 31. The main catalysts for the devaluation was a fall in the ASX 200 by 4%, the MSCI world index excluding Australia fell 0.9% and the Australian dollar moved higher 4.8% The five most active stocks were Telstra Corporation with a volume of 22.75 million, South 32 with 17.67 million, Spotless with 17.11 million, Fortescue Metals with 15.27 million and Scentre with a volume of 13.36 million shares changing hands The five best performers were Programmed Maintenance higher 17.65%, Whitehaven Coal up 9.3%, Iluka Resources higher 7.9%, Select Harvests up 5.85% and Independence Group up 5.4% The five worst performers were Spotless down 9.9%, Ardent Leisure down 3.9%, Suncorp Group down 3.6%, Wesfarmers down 3.6% and Seven West Media lower 3.2% The yield on the 10 year bond is currently trading at 2.290% The Australian dollar is currently flat in the Asian session trading at 72.00 US cents Spot Gold is higher by 0.4% to $1229 USD And Crude oil is higher by $.35 or 0.7% to $49.91 This has been the Australian stock market closing report for Thursday, 26 May 2016, and I have been your host, Aaron Furst, I'll see you again next time https://www.facebook.com/5alphainvest/videos/237368529977749/ http://5alphainvest.com/2016/05/26/australian-stock-market-report-thursday-26th-may-2016/
Views: 44 5alphainvest
Thousands of mining jobs are waiting in Western Australia but Aussies don’t want them
Thousands of mining jobs are waiting in Western Australia but Aussies don’t want them: https://www.news.com.au/finance/business/mining/thousands-of-mining-jobs-are-waiting-in-western-australia-but-aussies-dont-want-them/news-story/9abb09bee9c85fc6419597a14e77df3e. Thanks for watching, subscribe for more videos: https://www.youtube.com/channel/UCd_ODCcrc4jEWgi4qYyy0wg?sub_confirmation=1  From 2012 to 2016, the mining industry experienced a severe downturn, culling close to 60,000 jobs and making full-time work an almost impossible get. But now, especially in Western Australia and Queensland, the mining industry is on the road to recovery — and companies are begging Aussies to come and work for them. According to the latest data from SEEK, the mining, resource and energy sector has consistently recorded the largest growth in job ads for the past 11 months. The sector is throwing out 32 per cent more job ads now than it was at the same time last year and is posting almost four times more job ads than Australia’s average. But just because mining companies are putting out thousands of ads and offering salaries paying well over $150,000 doesn’t mean Aussies are picking them up. Earlier this week, the CEO of WA’s Chamber of Minerals and Energy backed a migration agreement that would hopefully combat a severe skills shortage in the mining region of the Goldfields. If approved, the Designated Area Migration Agreement would allow overseas workers to be flown over to work in the mines and would make them exempt from the skilled migrants requirement. Chief executive Paul Everingham told the ABC there were more than 1000 vacancies in the Kalgoorlie-Boulder mining sector and said the region was at crisis point.  “You can’t sugar coat that — they’re available now and they’re not being filled, so however you can get them (workers),” Mr Everingham said. “All Australian companies want to employ Australians first, but if there aren’t enough Australians … we have got to remember there’s an infrastructure boom going on in NSW. “So if we have to set up special immigration or work zones, our members would definitely welcome the ability to get access to skilled workers immediately.” The WA mining industry is advertising for thousands of jobs ranging from cleaners to tradesmen to university-educated engineers. But following Mr Everidge’s comments, a number of people involved in the state’s mining industry have said more needs to be done to make relocating an attractive proposition. Despite the huge salaries fly-in fly-out workers earn, most complain of having no work-life balance. FIFO workers typically have higher rates of suicide, struggle with depression due to long hours and loneliness and report higher rates of workplace bullying and alcoholism. In 2015, the West Australian government conducted a 10-month investigation into the state’s FIFO workforce. Lifeline WA admitted in October last year it still had no idea exactly how many FIFO workers were affected by mental illness or how many had committed suicide while away from their families to work in the state’s mines. Even the report issued after the lengthy investigation admitted “the inquiry struck several problem areas in relation to statistics”. “Clear data was difficult to find in the areas of: a definitive total number of workers employed in the Western Australia resources industry on a FIFO #Thousands, #mining, #jobs, #waiting, #WesternAustralia, #Aussies, #don’t, #want, #them #miningindustry, #mentalillness, #mentalhealth, #workersdying, #miningindustryaccounts, #flyinflyoutworkers, #Australiangovernment, #miningsector, #resourcesindustry, #Australiancompanies, #parttimework, #miningcompanies, #miningregion, #mentalhealthissues, #migrationagreement, #skilledmigrantsrequirement, #Companiestalk, #miningjobs, #worklifebalance, #suicidestatistics, #prevalencerate, #suiciderates, #crisispoint, #energysector, #productionsites, #skillsshortage, #problemareas, #WesternAustralia, #Australia, #AustraliaandNewZealand, #Oceania, #Queensland, #UniversityofWesternAustralia, #AustralianBureauofStatistics, #CommunityServices, #MentalHealthCommission, #ChamberofMineralsandEnergy, #PeterMiller, #PaulEveringham, #NatalieWolfe
Views: 1932 Faustino Cardwell
Australian Market Report of April 1: Investors More Immune to Bad News
ABN Newswire - Overnight Wall Street ended the last day of the quarter with a massive rise, despite uninspiring data released overnight on US consumer confidence and housing. Yesterday Aussie shares closed slightly lower after the massive fall in the US market. The benchmark S&P/ASX200 index ended the day down 0.6%, or 22.3 points, at 3582.1, while the broader All Ordinaries index fell 0.6%, or 21.9 points, at 3532.3. The local market has become more immune to Wall Streets negative leads in recent days. Key Economic Facts and Figures The Reserve Bank of Australia said the country's house prices will hold up better than those overseas, largely due to higher lending standards, absence of the sub-prime mortgages and shortage of available homes. Australian housing prices only dipped 3% in 2008, compared with the 20% falls seen in the US and Britain. Today the Australian Bureau of Statistics is to release retail sales and building approvals data, both for February. The Australian Industry Group/PricewaterhouseCoopers will release Australian Performance of Manufacturing Index for March. The Department of Employment and Workplace Relations will publish its skilled job vacancies survey. M&A News Treasurer Wayne Swan said the government has approved Chinese state-owned steelmaker Hunan Valin Iron and Steel Group's 17.55 per cent shareholding in Fortescue Metals Group (ASX:FMG). Mr Swan approved the A$1.2 billion investment subject to formal and strict undertakings that Valin nominee to the board would submit a notice of any potential conflict of interest relating to Fortescue's marketing, sales, customer profiles, price setting and cost structures for pricing and shipping. Macquarie Communications Infrastructure Group (ASX:MCG) has recommended a A$1.37 billion takeover offer from Canada Pension Plan Investment Board. The Canadian pension funds made formal cash offer to acquire MCG stapled securities for A$2.50 each. Important Corporate News It is reportedly that Rio Tinto (ASX:RIO) and BHP Billiton (ASX:BHP) have agreed to a temporary 40 per cent cut to iron ore prices. Agricultural chemicals company Nufarm Ltd (ASX:NUF) forecasts an operating net profit of about A$220 million for the 2009 fiscal year, saying demand in the second half will be strong. Nexus Energy (ASX:NXS) has sold its 15 percent stake in a West Australian exploration permit to Shell Development for $US19 million. Nexus said the sale would provide it with near-term funding as the company negotiated "additional funding requirements packages". The chairman of Xstrata Australia, Peter Coates, will replace Stephen Gerlach, the current chairman of Santos (ASX:STO), at the end of the year. Santos has announced the retirement of Mr Gerlach. Telstra's (ASX:TLS) chief executive Sol Trujillo said yesterday the company will lose up to A$2 billion if it does not win the contract to build the national broadband network. Republic Gold (ASX:RAU) says it is getting closer to pre-construction site works on a rich gold prospect in South America. The company expects the mineral resource estimates for the Amayapampa gold project in Bolivia to increase at completion of a diamond drilling program and continued work on surface sampling
Views: 1247 ABN Newswire
Bringing them home: separation of Aboriginal and Torres Strait Islander children from their families
This documentary DVD was produced in 1997 and forms part of the Bringing them home education resource for use in Australian classrooms. For more on the report see: https://bth.humanrights.gov.au/ This resource is based on 'Bringing them home' , the report of the National Inquiry into the Separation of Aboriginal and Torres Strait Islander Children from Their Families, and on the history of forcible separation and other policies which have impacted on the lives of Indigenous Australians. This documentary complements a collection of curriculum-linked activities and teaching resources, plus a range of photographs, maps and diagrams, timelines, legal texts and glossaries. The Australian Human Rights Commission invites teachers and students to use this resource to explore, understand and reflect on one of the most difficult chapters of our national history and to engage with some of the key concepts involved in the reconciliation debate in Australia. For the education resource see: https://www.humanrights.gov.au/education/human-rights-school-classroom Warning: This video may contain images / voices of deceased Aboriginal and Torres Strait Islander persons. Video produced by Oziris. © Australian Human Rights Commission