“The biggest failure of public administration since the formation of the Commonwealth of Australia in 1900.” Australian Tax Office insider. “The result of having the wrong system where taxes are too high and a labour market which is over-regulated.” Liberal Party insider. We are talking about the broad, state-sanctioned, backdoor deregulation of Australia’s labour market, which has…
Automation is hitting farming again! The 20th century got rid of the horses, will the 21st century see the end of the people?
So a farmer can sit in his unit on the Gold Coast while the ‘bots run things?
That;s gotta be good if we do it right.
This is as autonomous as farming gets, without any humans having to get themselves dirty, or even go outside
Jobs at Amazon are changing but total jobs for humans across the economy are falling. What is the answer? Less hours? Universal Basic Income?
Amazon is on the forefront of automation, finding new ways of getting robots to do the work once handled by human employees.
Drone Robots Even Take In The Furniture
Drone robot that will take your order serve your meal and even pack the furniture away. What jobs will be safe in the future? Will we even have jobs as we have come to think of them?
This is the world’s first drone equipped with robotic arms pic.twitter.com/Qzx8zX86W8
— Futurism (@futurism) September 5, 2017
Amazon Retail Threat Will Destroy Jobs In Australia.
Amazon retail threat will disrupt retailing in Australia as it has in the US. So why is the government subsidizing employers to train young people in retail sales?
Mr Banducci was pressed by the ABC on Amazon’s disruptive potential for traditional retailers as the online giant prepares to unleash in Australia later this year.”Amazon is obviously a very material potential competitor in this space,” Mr Banducci said.”Customers are looking for a lot more convenience in the way they shop. Amazon and many others are of course going to provide that convenience if we don’t.”Mr Banducci urged against complacency in relation to Amazon as he unveiled a full-year profit of $1.5 billion — a big bounce back after last year’s loss of $1.2 billion due to write-downs of the failed Masters hardware chain.One of the Woolworths businesses most exposed to online competitors such as Amazon is the Big W chain, which made a loss before tax of $150.5 million.
Amazon Retail Threat Will Impact On Property Investors
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Driverless lorries could mean 600,000 lost jobs. It’s time we took a universal basic income seriously. | Evolve Politics
With trials for self-driving commercial lorries to take place in the UK within the next twelve months, the work days of thousands of Britain’s long-haul drivers may soon be numbered.Of course, these are only preliminary tests – it may well be a decade or more before driverless deliveries and long-distance haulage are an everyday reality. However, with the beginnings already upon us, a boom in automated jobs is surely coming sooner rather than later.
Employers are denying their workers almost $3 billion in unpaid superannuation each year, according to new estimates from the Australian Tax Office. The ATO believes employers have withheld $17 billion in super since 2009, and that the practice is becoming more widespread. The office has also admitted its own shortcomings in catching non-compliant businesses, revealing it has only been able to detect and secure $3 billion worth of super in the same timeframe. The revelations come after pressure from the industry super sector, which published its own research last year highlighting the scale of the problem. A Senate inquiry report into unpaid super released in May, creatively titled Superbad, found the ATO’s “current approach” to tackling super non-payment was “inadequate”.
Labour Market Hours Worked Are The Key Number for Property Investors
Labour Market figures show hours worked are down and wages rises not keeping pace with inflation. Property investors need to take notice of these numbers as they show the importance of have blue chip long term tenants.
Unemployment eases to 5.6 per cent, but full-time jobs lost – ABC News (Australian Broadcasting Corporation)
Unemployment falls to 5.6pc in July after June figure revised up to 5.7pc
27,900 jobs were added to the economy last month: an increase of 48,200 in part-time, a fall of 20,300 full-time jobs
The proportion of the population in employment is the highest since April 2013 Via abc.net.au
OECD Economic Survey of Australia 2017
The OECD Economic Survey is comprehensive and available for download at the end of this article. The summary slides are here.