Blogotariat

Oz Blog News Commentary

Articles from Peter Martin

What a job? Move to NSW

January 10, 2018 - 12:07 -- Admin

It's the easiest to find a job since the mining boom.

The latest count from the Bureau of Statistics shows there were a record 216,000 job vacancies in November and 661,400 Australians out of work, the lowest total since 2012.

The ratio of 3.1 means there were roughly three job seekers for each vacant job, a step up from November 2016 when there were 3.7.

Why Treasury told Turnbull about negative gearing

January 8, 2018 - 12:04 -- Admin

Malcolm Turnbull knew or ought to have known that the claims he made about Labor's housing policy during the election were likely to be wrong.

The Treasury pointed it out in the lead-up to the campaign.

Ramping up his rhetoric in order to win the election, Turnbull said Labor's plan would "devalue every home, every property, in Australia".

It would "smash up home values", "pull the rug out from under the property sector".

The jobs boom is real. Government can take the credit

December 14, 2017 - 08:10 -- Admin

The Bureau of Statistics has produced some shockers – wildly inaccurate employment statistics it has had to disown. But not this time.

An apparent employment surge in one month might be a statistical fluke, the result of a dodgy sample or flawed bad seasonal adjustment. But not a near-record surge that goes on for month after month, 14 of them in a row.

Low wage rises have become routine. Here's why

December 14, 2017 - 08:03 -- Admin

An entire year without a pay rise? Prepare for another one, next year.

Wage rises used to be an annual phenomenon. The Bureau of Statistics says on average we got one every year. But since 2012 the length of time between them has almost doubled. The average has become once every 1.75 years. For every person that gets a wage rise more often than that, there will be someone who gets one less often.

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