BUSINESS

NBN

NBN recruitment drive to create Australian jobs

A recruitment drive carried out by NBN Co. to employ workers to construct the national broadband network in Perth will lead to creation of jobs. Through its “Active Job Seeker Campaign,” the company seeks to employ people with experience in sectors including mining, boatbuilding, road and bridge construction, electricity distribution and transmission and electronic and precision equipment repair.
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Mining (3)

Rio Tinto development projects to create 1,000 jobs

Rio Tinto Iron Ore said in a statement that its development projects will lead to the creation of as many as 1,000 jobs. This comes as Western Australia’s new Premier Mark McGowan referred to the financial situation of the state as “the worst since the Great Depression.”
Mining

Coal prices jump, set new high following disruption in Australia

Coal prices experienced a sharp spike in the wake of the deadly Cyclone Debbie, which has had significant impact on the mining industry in Queensland. Chinese metallurgical futures climbed by more than 7 percent to reach $255 a tonne on Wednesday. This sets the highest recorded level for the prices since December.
Etsy

Etsy launches caucus to help elevate microbusiness needs

Etsy announced the launch of the Congressional Microbusiness Caucus last month in an effort to elevate the requirements of microbusinesses. Formation of the bipartisan caucus was co-chaired by US Congressional representatives Barbara Comstock, Anna Eshoo, Tim Ryan and Patrick Tiberi.
Australia China (2)

Australia's prosperity depends heavily on its economic relationship with China

Australia’s economic relationship with China will be an instrumental factor in determining its future prosperity. With the importance of resource exports on the rise, there is a need for a newer model of economic engagement. The country should be able to accommodate Chinese demands concerning a variety of services.

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