Tag: World Bank

Australia ranks second amongst 183 countries when it comes to starting a business according to the World Bank and the International Finance Corporation.

In yet another blow to the economy, Australia’s unemployment rate has hit 5.2 percent. Data released today by the ABS has shown that 53,800 jobs were lost in February, the biggest drop in full-time positions since mid-1991. The unemployment rate has increased by 0.4 percent in the last month alone, but is set to rise, […]