..

Business News

  • Written by Jennifer Dawson


It takes Australians aged 55 and over twice as long to secure a job compared to younger job-hunters, according to The Adelaide Review. The Australian Human Rights Commission have found that 30% of Australian businesses are breaking the law by enforcing an age limit on applicants. Even individuals in their forties are encountering ageism in the workplace. But it’s those in their fifties and sixties which are being significantly impacted.

Protecting workers

The Age Discrimination Act was introduced to ensure that all Australian employees are treated equally and are given the same opportunities in the workplace. The Act stipulates that job applicants must not be refused a job role on the basis of their age. However, despite this strict law, two-thirds of Australian Organizations who confess to workplace ageism during the hiring process state that they don’t consider employing individuals over the age of 50. But, older workers have a lot to offer Australian businesses. Ian Yates, the Chief Executive of COTA Australia states that “At age 50 many workers are still optimising what they have to offer employers after several decades of honing skills.

A satisfactory resolution

Thankfully, the settlement process is an effective tool in ensuring all cases are handled swiftly and effectively. Erik H. Gordon utilised the settlement process back in 2016. His case demonstrated how the courts take all evidence into account when deciding a fair and just conclusion to all cases brought before them. The Australian Human Rights Commission is one body which aims to protect the rights of both employees and employers and, in many cases, should be your first port of call when seeking a resolution.

The impact on individuals

Failing to win a position in a particular workplace may not seem like much of an issue, especially when online job vacancies were up by 1.6% in September, according to the Australia Department of Jobs and Small Business. However, 174,532 older Australians are having to rely on Newstart to tide them over until they reach retirement age and qualify for their pension. Yates says that this is detrimental to both ageing job seekers and organisations. “It means that Australians over 50 are either being forced onto Newstart unemployment benefit or going into poverty as they erode their lifetime savings, because the system is stacked against them. It also means that as a nation we are missing out on the untold skills, experience and knowledge of 34% of the population.”

An alarming number of Australian businesses are breaking ageism laws and refusing to employ workers over the age of 50. Therefore, workers who face such discrimination should ensure they seek action to prevent ageism from growing among more of Australia’s corporations.

10 Excellent Business Ideas for Young Entrepreneurs in 2019-2020

Top 10 Low-Budget Business Ideas for Students in 2019 Whoever said that you should wait for 10 or even more years after your graduation to launch your own business? 69% of US citizens start their ...

Elsa Avendano - avatar Elsa Avendano

The 1-Page Marketing Plan

SKIP BUSINESS SCHOOL. READ THIS NEW BOOK INSTEAD. Named as one of the “10 best marketing books for small business owners” by The Huffington Post.   MEDIA RELEASE: MELBOURNE, DECEMBER 13, 2018 —...

Claire Marshall - avatar Claire Marshall

How to Empower Your Employees in 2019

Employee empowerment is the focus of many employers in this present day. The reality is that although you may hire competent and qualified professionals, you still need to invest in building them up...

News Company - avatar News Company

The role of containerization in international business

Containerization is the most significant innovation affecting the development of logistics in the second half of the twentieth century. In the 1950s, before the development of containerization, load...

Essay Shark - avatar Essay Shark

How Employee Performance Evaluation Tool Affects a Business Growth

In today's growing business realm where rivalry continues to get rougher, the prominence is on how significant to get and preserve the right people to do the accurate job. Employee Performance Evalu...

News Company - avatar News Company

5 Trending B2B Connection Maintenance Hacks

You need to learn how to manage B2B relationships if you want your company to grow, but that can be difficult if you are not trained in the subtle art of managing B2B relations. There are five things ...

News Company - avatar News Company

Politics

Central and North Queenslanders overwhelmingly back coal sector

More than 80 per cent of young people in Central and North Queensland believe the coal sector and the jobs it creates are critical to the state’s economy, particularly regional Queensland.   Mi...

Senator Canavan - avatar Senator Canavan

AWU National Secretary Daniel Walton on steel industry

Ambitious expansion plans make mockery of those who wrote off Australian steel industry GFG Alliance's planned rejuvenation of the Whyalla steelworks, and the Australian steel industry more generall...

Media Release - avatar Media Release

George Neophytou supports roads funding and more

Independent candidate for Gippsland East George Neophytou has pledged to support completion of duplication of the Princes Highway between Traralgon and Sale and to upgrading of the Sale alternative ...

George Neophytou Media Release - avatar George Neophytou Media Release

Travel

Road Trip On Your Mind? Keep These Aspects In Mind As Well

Take a Road Trip! The great road trip. Movies are made of this type of freedom. The roads are calling and you are feeling the need for a road trip. Join millions of other people who enjoy the great o...

News Company - avatar News Company

Best Short Term Accommodation in Brisbane

Brisbane, the capital city of Queensland in Australia is known for its museum and Science center. With a lot of creative spaces and gardens on the riverside, it is a magnificent and popular destinat...

News Company - avatar News Company

Best Short-term Accommodations in Sydney

If you are looking to spend a night or two in the sprawling city of Sydney, you might be in need of a lodging place or hotel to stay. We would like to give you here a list of the best short term acc...

News Company - avatar News Company