Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward.
Consensus emerging on how to fill gaps in the workforce
Big business is calling for a two-year boost to the annual migration intake of 220,000 for all jobs earning more than $90,000.
Qantas optimistic despite posting loss
Qantas revealed its full-year results last week – a $1.86 billion loss. Despite the poor showing for FY22, CEO Alan Joyce says the airline is moving back to profitability.
10 car-centric shopping districts reimagined
SmartCompany has created images of what 10 popular Australian shopping districts would look like if they were redesigned to reduce the number of cars and increase the space for pedestrians, cyclists, parklets, dining, and green space.
Mable adds employee-like benefits to business model
The at-home care provider is the latest in the gig economy to offer benefits like superannuation, sick leave, and minimum wage protections for its independent contractors. The change comes as Tony Burke declared that insecure work has spread like a “cancer” across Australia.
Poor mental health will eventually result in economic loss
A new report from the NSW Council of Social Service has found that lost productivity due to poor mental health will see a nearly $7.5bn loss in the New South Wales economy by 2025. Compounding natural disasters and the pandemic were the leading factors.
Bitcoin sheds 20% of its value in 7 days
After a brief rally recently, many people hoped that the crypto hemorrhage was finally over. However, Bitcoin’s value dropped by 20% in one week, likely due to inflation fears causing a rapid sell-off.
Five signs a building company might collapse
The building industry has had its share of hard times over the course of the pandemic. From cash flow to contracts, here are five signs a building company might collapse.
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