Posts by admin
How can we solve the infrastructure industry’s skill shortage problem?
The government is injecting billions of dollars into the infrastructure industry to help economic recovery but there is a speed bump that will slow down its efforts. The infrastructure industry has long faced skill shortages and gaps. As the government focuses on the infrastructure industry to recover the economy, businesses find themselves scrambling to…
Read MoreAre Australian manufacturers ready for new development opportunities?
The pandemic has exposed areas of improvement and opened up development opportunities for Australian Manufacturers. Over the last few decades, Australian businesses have incrementally outsourced the manufacturing of goods to drive down expenses in their supply chain. In the process, many Australians lost their jobs and Australia’s manufacturing capabilities shrunk. Today, Australia’s manufacturing industry…
Read MoreAustralia’s property boom: what’s happening and what are mortgage brokers saying?
Mortgage brokers see a surge in business as buyers and investors flock to market amidst the property boom. As Australia slowly eliminates COVID-19 from within its borders and rolls out a vaccine program, consumer and business confidence progressively improve. Previously, many had predicted poor outcomes for the Australian property market. But, if you look…
Read MoreLack of skilled migration and its effects on the Australian economy
Skilled migration has profound positive effects on the Australian economy – so, what will happen now that the borders remain closed? There is a huge misconception that skilled migrants steal jobs from Australians and undermine the labour market. Rather, the opposite is true. CEDA, published a report that found that immigration has positive impacts…
Read MoreCoronavirus and the Insurance Industry – are you up to date?
At this point, we probably don’t need to explain that the Coronavirus has been declared an insurance catastrophe. Potential losses are now estimated to be more than $10 billion, with approximately 250,000 business interruption policies in question. The consensus is that pandemics were not contemplated for coverage under most business interruption policies. In July 2020,…
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