Worker numbers and skills more important than sweeping economic change: Business

Business leaders are pressing the federal government to use its jobs summit to quickly boost the number of workers in the country and ramp up skills levels, pushing back at union calls for the meeting to canvass sweeping changes to the nation’s economic pillars.would amount to a “wrecking ball” through the economy, business organisations said there needed to be short and long-term policies agreed upon at the September meeting.

He said the chamber’s focus would be on issues around skills, participation, migration and industrial relations, noting there had to be agreement on proposals that could be implemented almost immediately and some that would form part of the October budget. “More people are wanting to work part-time; many are looking to transition to retirement and approaching their employer seeking to convert to casual contracts; others want to control their own hours and operate as sole traders; and very few employees are taking advantage of provisions that allow them to request a conversion of their casual employment contract into a permanent position,” he said.

Taylor said maintaining the Reserve Bank’s independence was pivotal to keeping inflation low and the jobs market strong.

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Business confidence rises with strong profits, but consumers are getting more pessimisticBusiness confidence has risen, but consumer confidence is still deteriorating and economists warn it could be a sign of things to come. Business has more profit? 😂😂 right That's because 'strong profits' don't help consumers one little bit and we've woken up to that fact. Pretty clear what the economy needs.... Encouraging competition.
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