..

Politics

  • Written by Senator Cash Media Release


Labour force figures released today by the ABS reflect the underlying strength and resilience of the Australian economy, with the seasonally adjusted unemployment rate falling by 0.2 percentage points in May 2018, to 5.4 per cent.

Seasonally adjusted employment increased by 12,000 in May 2018, to stand at a record high of 12,518,300, and has now increased by 303,900 (or 2.5 per cent) over the last year.

Full-time employment is 178,800 (or 2.1 per cent) higher than it was 12 months ago.

Part-time employment is at a record high, and is 125,100 (or 3.2 per cent) higher than a year ago.

The participation rate remains strong at 65.5 per cent in May 2018 and is still 0.5 percentage points higher than it was a year ago, and higher than the 64.8 per cent rate when Labor left office in 2013.

The youth unemployment rate fell by 0.9 percentage points over the month to 11.6 per cent in May 2018, its lowest rate since November 2012.

The Minister for Jobs and Innovation, Senator the Hon Michaelia Cash, welcomed today’s continued increase in employment, which reflects the Government’s strong economic management.

“Since coming to Government in 2013 we have created a total of 1,031,300 jobs, an increase of 9.0 per cent – over one million more Australians are in work than when we were elected.”

“While ABS labour force figures can jump around from month to month, today’s data continues to reflect a strong labour market and highlight the success of the Government’s efforts to stimulate ongoing, sustainable jobs growth.”

“The Turnbull Government has the right economic settings for businesses to grow and create jobs, and these figures demonstrate a strong economy,

“We won’t however rest on our laurels, we will continue our work to ensure more jobs are created and more Australians experience the benefits that come from having a job,” Minister Cash said.

Prime Minister's media conference at Glenelg

DOORSTOP WITH PREMIER OF SOUTH AUSTRALIA HON STEVEN MARSHALL MP, MINISTER FOR DEFENCE, THE HON CHRISTOPHER PYNE MP AND NICOLLE FLINT MP, MEMBER FOR BOOTHBY GLENELG, SA SUNDAY 14 OCTOBER 2018 SUBJEC...

Canavan calls out Shorten’s resources schtick

Resources Minister Matt Canavan has called on Labor to state one clear position – just one, not two or three - on the future of Australia’s thermal coal industry.   Following a string of confused ...

Labor must back independent board for agri-chemical regulator

Labor must back moves to further strengthen the independence of the agri-chemical regulator, Minister for Agriculture David Littleproud said today.   Minister Littleproud, who has said the Austral...

Scott Morrison interview with Ian McNamara

IAN MCNAMARA: Good morning Prime Minister. PRIME MINISTER: G’day Macca how are you? MACCA: You’re at Bathurst I believe? PRIME MINISTER: Yeah we’re just rolling up now, up towards the racetrack a...

Shorten sells out Victorian workers over gas

Minister for Resources and Northern Australia Matt Canavan has condemned federal Labor leader Bill Shorten’s “anti-development agenda” following comments he made in Victoria today about sourcing gas...

Scott Morrison interview with Barrie Cassidy

Banking Royal Commission; Liberal Party; the ABC; Australia Day; Energy;   BARRIE CASSIDY: Prime Minister, thank you for joining us in the studio.   PRIME MINISTER: Thanks, Barrie. Commiseration...

Business News

Pan Pacific Hotels Group launches new Smart Meetings offer

With the newly-launched Smart Meetings offer by Pan Pacific Hotels Group (PPHG), meeting organisers get rewarded simply for booking smart. Smart Organisers will enjoy immediate savings of 5% with e...

Freshworks Launches “Freddy”: an AI Engine

Freshworks Launches “Freddy”: an AI Engine to enrich customer experience at every touchpoint Integration with Google AI technology brings conversational AI to the Freshworks customer engagement p...

21st Century Leadership Summit

Australia’s top leaders and CEOs converge on Sydney to share their insights and mentor future leaders   Some of the top CEOs and business leaders will converge on Sydney on 24 November to speak at...

Travel

Travel expert Anthony Goldman outlines what's trending for elite travellers

LOVERS OF LUXE DRIVING TRAVEL TRENDS   Travel expert Anthony Goldman outlines what’s trending for elite travellers in 2019 and beyond…   Media Release – 15 October 2018 - Travellers are splurgin...

End of year travel can deliver big benefits if booked on certain credit cards

With more than 56% percent of the Australian population now owning a passport, it is no surprise the Australia Government recorded over nine million trips overseas at 2017 financial year end.   A wh...

Top Hiking Spots in South Island NZ

A large majority of travelers who head through the South Island on campervan hire new zealand adventures have hiking as one of their main priorities. This makes sense since the hiking here is some of ...