For the first time in 29 years, Australia is in a recession.
As Australia’s economy restarts, the focus has been on the ‘return to work’.
The professional services landscape has changed with COVID-19. The more agile the firm, the better placed they were to ride out the storm.
It’s been a rough start to the year for our farmers and major food producers – with a drought, bushfires, an ongoing water crisis and now COVID-19 which has not only impacted on exports, but also shut down restaurants and cafes.
As schools go back to Term 2, parents all around the nation are either preparing for children to return to school or settling in for a continuation of the home schooling while working from home juggle.
There is a whole economy on the dark web built upon your stolen data – with an economic cost of approximately US$5t worldwide and US$1b in Australia alone.
Remote working was initially exciting for people – but with no end in sight, the excitement has quickly worn off and we all need to find ways to motivate ourselves and our teams while also maintaining a healthy work-life balance.
COVID-19 has brought transparency to manufacturing – for the first time, consumers are starting to understand what we do and don’t make here, and changing their consumer behaviours with more knowledge of product origins.
With Treasury suggesting the unemployment rate could peak at around 10% for the June quarter – it’s more important than ever for companies and their employees to stay connected and work together.
Commercial property has been a key focus for policy makers, with a major component of the Prime Minister’s hibernation strategy being rent relief and the recently finalised Commercial Tenancy Code.
Every day has been like Christmas trading for essential retailers like Woolworths and Coles with significant supply and demand issues experienced in the past month – and not just for toilet paper.
While many retailers have opted to close their doors and wait out the storm, there are those that have pivoted and innovated to emerging customer demands – with sales for camping gear, exercise equipment, home entertainment and arts and crafts going through the roof.