Employment rate rising indicating economic recovery
June 19, 2020
The first signs of an economic recovery have surfaced with the Tax Office payroll data showing approximately 124,000 jobs added in the May.
“There is some evidence to suggest that we have started on the economic road to recovery from the Coronavirus” said Treasurer Josh Frydenberg.
The Treasury has predicted that up to 850,000 people could be re-employed by next month whilst economists have forecasted May jobless rate will decline slightly.
This is a brief summary of ‘Job market crawls off floor as recovery begins’ by Matthew Cranston | AFR – The Australian Financial Review | Tuesday 16th 2020.
Read Our Other Articles
Perth’s growing city skyline
Perth’s skyline is continuing to evolve with Elizabeth Quay set to be the home of Perth’s tallest twin skyscrapers....
Potential USA trade deal to create 6,000 jobs
A potential trade agreement with the US for Australia’s natural resources would create significant economic benefits for our economy....
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
A SAFE AS HOUSES PERTH MARKET BRINGING BACK THE INVESTORS
March has seen lending for housing investments in WA surge to a whopping $462 million continuing its five-year high...
Double-Digit Price Growth for Melbourne and Sydney
An analyst has foreseen that Melbourne and Sydney are looking at facing a double-digit residential price growth as early...
Price increase for Adelaide suburbs
Solid property news for Adelaide which according to API is now leading the nation for house price growth with...
Perth rental and sales activity on the rise
Stupendous news for Perth as data derived from reiwa.com revealed leasing transactions rose by 16% as well as sales transactions...
WA BUDGET 2020: TREASURER BOASTS STRONGEST ECONOMY IN THE NATION
Treasurer Ben Wyatt recently announced WA represents a stronger economy than anywhere in the nation and perhaps the world...
WHAT MAKES AN APARTMENT DEVELOPMENT ‘BOUTIQUE”?
Boutique Apartments and townhouses are a growing trend in Perth, on the east of Australia, and abroad. The word...
TOP 4 FEATURES ON HOME BUYERS WISH LISTS
Buying a home is the biggest investment any of us will ever make. With our schedules being busier than...
