Drone use in business on the rise

Australia may soon be the first country in the world to see commercial courier deliveries by drone, if a launch by a textbook rental service and an Australian tech start-up goes according to plan. From March next year and pending regulatory approval, students will be able to order books from Zookal via an Android smartphone app and have one of six Flirtey drones deliver them to their door in Sydney. As the drone arrives, students will be able to track [...]

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Travel Tycoon Shares Her Secrets

Penny Spencer Travel consultant Penny Spencer has a tip for any business dealing with Australia's patchy economy: make sure you have a range of customers from different business sectors. “Where one industry might not be doing so well, you'll have another industry that is, so you definitely have to spread it across a broad range of customers,” says Spencer, chief executive of Spencer Travel, which relies heavily on corporate bookings. “We have quite a wide range of corporate customers. So we're not [...]

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500 Mining Jobs Axed in Australia

Peabody Energy Corp and Glencore Xstrata will cut around 500 mining jobs in Australia, a company official and trade publication says, as a global glut in coal supply pushes down prices. Peabody plans to cut around 450 contractor jobs, while Glencore Xstrata will lay off around 46 employees at its Ravensworth coal mine. Anglo American chief executive Mark Cutifani said today the outlook was grim for mining as companies adapt to lower prices and weakening demand. Prices for thermal coal, used for [...]

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A Telstra takeover of Telecom could mean massive job cuts

Telstra could lay off more than half of Telecom's 7000 staff and run most of the business from Australia if it launches a takeover bid for the company, says leading Australian telecommunications analyst Paul Budde. Budde said a takeover of Telecom by Telstra "made sense" and was a reasonable explanation for talks revealed on Tuesday over the possible sale of TelstraClear to Vodafone. Several analysts have said Telstra would need to sell TelstraClear in order to stand a chance of securing [...]

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Unproductive workers costing billions

A third of Australian workers waste almost a quarter of their day at work, a survey shows. The Ernst and Young Australian Productivity Pulse survey found the lack of productivity costs businesses more than $41 billion each year in wages alone. The survey of 11,500 people showed the current economic slowdown particularly affects the productivity of workers who felt insecure about their jobs. "Workers that feel insecure about their roles or are unsatisfied with their workplace have fallen further down the productivity [...]

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NZ Workers happier than Aussies – survey

New Zealand workers are happier than their Australian counterparts, a survey says, despite being paid less and working longer hours. One researcher said it was proof New Zealand breeds "cheap and efficient" workers. The Regus survey found nearly half of New Zealand employees said they were working harder since the global downturn in 2010, and they now achieved more at work. And more than three-quarters said they were now happier in their jobs. Almost 70 per cent felt they had a better harmony [...]

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Kiwi Exodus to Australia tops 50,000 in last year

The number of New Zealanders packing their bags and heading to Australia accelerated in April, with a new record number of annual departures at 53,462. Some 4,500 people left New Zealand for Australia in April for a net loss of 3,500 in the month, according to Statistics New Zealand. That took the annual net loss to 39,800, almost 13,000 more than the same annual exodus a year earlier. "Annual outflows to Australia have been at record levels since the November 2011 [...]

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NZ workers ‘too pessimistic’ about job market

New Zealand workers are too pessimistic about the outlook for the job market, a business leader says. The latest quarterly Westpac McDermott Miller Employment Index shows employment confidence has hit its lowest level in over two years. The index fell 4.6 points in the December quarter, from 104.2 to 99.6. This is its lowest level since June 2009 when it stood at 96.1. A level over 100 indicates overall optimism, below 100 indicates pessimism. The results were most dismal in the section which [...]

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Aussie job advert numbers fall for second month

Australian job advertisements fell in August as global financial instability discouraged companies from hiring, a private report showed. Jobs advertised in newspapers and on the internet dropped 0.6 per cent last month, after a decrease of the same number in July, according to an Australia & New Zealand Banking Group report released yesterday. "The declines in job advertising have been modest thus far," Warren Hogan, chief economist at ANZ Bank, said. "This suggests a soft patch for economic growth associated with [...]

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Public Servant wants compensation over motel sex accident

A public servant in Australia who was accidentally injured while having sex at a motel on a work trip is appealing a finding she is not entitled to compensation. Her representative,Leo Grey, has told a federal court there was no suggestion she had engaged in any misconduct. He said her injury occurred during "an ordinary incident of life commonly undertaken in a motel room at night". The woman, who cannot be named, was injured when a glass light fitting came away [...]

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