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Tag: Australian Economy

Australia job ads fall 1.1pc in July

For a fifth straight month, Australian job ads in newspapers and on the internet fell in July, pointing to a further moderate rise in the jobless rate from the current 5.7pc, according to a survey by the Australia and New Zealand Banking Group ...

Glencore restructuring puts over 300 jobs at risk

After taking over operations at the Collinsville coal mine in Australia, Glencore Xstrata lays off more than 300 workers in a bid to restore the mine to profitability by improving equipment and labour productivity amid collapsing coal prices ...