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The Australian Government is hosting an employment expo in London during September to help employers find skilled workers from the UK, a Department of Immigration and Citizenship (DIAC) spokesman said today.

“Are you skilled in engineering, medical services, or trades? If so, Australia needs you,” the spokesman said.

“There is still a critical need for skilled workers across a range of Australian industries. The Skills Australia Needs Expo in London will target the industries most in need of skilled workers, such as the mining, health and construction industries.”

“The expo will play host to representatives from major Australian employers and governments from all Australian states and territories. Participants will be able to find out more about possible career pathways down under.”

Since the expo program started in 2005, some 23 expos have been staged in Australia and overseas, with eight in the United Kingdom.

The last UK expo was in 2009 and featured 38 exhibitors including Australian employers, government organisations and relocation service providers. More than 1800 people from the UK who had skills in high demand in Australia also attended.

“The last expo was a big success for both industry representatives and people attending: 90 per cent of participants said they would recommend future expos to friends, while 80 per cent thought they might have met a suitable sponsor for migration to Australia as a result of the expo,” a DIAC spokesman said.

The Skills Australia Needs expo will be staged in London on September 11 and 12.

For more information or to register interest in attending, please go to www.immi.gov.au/skillexpos/overseas.htm

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www.careerjet.com.au

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Welcome to Location Lowdown, your helpful guide to choosing the next place you move to

Often it is difficult to find out practical, useful information that would make deciding on a place to live easier. That’s why we offer you a broad picture on any location within Australia; this includes what many would describe as necessities such as health care, education, employment and also as diverse as relevant statistical data and the laws relating to real estate transactions.

Designed for those seeking a move to Australia from overseas or those moving interstate or even the next suburb, you can get to know a place without leaving your chair. Its as easy as entering the prospective town name, for example Bellingen and the correct state, New South Wales, in the tool bar and click go.

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FURTHER official interest rate rises could choke off consumer spending and grind the economy to a halt, economists warn.

Herston Economics chief economist Clifford Bennett says if the Reserve Bank raises the cash rate to five per cent by year’s end, the economy would “grind to a standstill”.

The current cash rate is 4.25 per cent, after the RBA lifted the rate by a quarter of a percentage point on Tuesday in an effort to further rein in expansionary pressures.

It was the fifth monthly interest rate rise by the central bank since October last year.

“If the cash rate gets to 5 per cent … the domestic economy will grind to a standstill,” Mr Bennett said.

“We’re seeing in the Sydney press examples of them having to choose between buying groceries and paying their electricity bill and the added burden from the RBA is completely unwarranted, unnecessary and unwanted.”

RBA governor Glenn Stevens said it was appropriate to raise the cash rate towards its long-run average given that “the risk of serious economic contraction

Most economists say the average long-run cash rate is around 5 per cent.

Nomura Australia economist Stephen Roberts said rising interest rates meant consumers were paying a greater proportion of their income in servicing debt.

Data compiled by the central bank showed that when the cash rate was 3.75 per cent at the and of the December quarter of 2009, the average household was paying more than 10 per cent of its income, minus taxes and some other regular payments, on interest payments.

When the cash rate topped 18 per cent in December 1989, the average household was spending just under nine per cent of its income on interest payments.

The figures also show that in December quarter of 1989, household debt was slightly less than half household yearly income.

Twenty years later it was equal to one and a half times an average household’s yearly income.

“That data is from fourth quarter (2009) and you have to remember we’ve had two more interest rate rises already,” Mr Roberts said.

He said a lower interest rate of 3.75 per cent to 4 per cent would be more appropriate given the current difference between the cash rate and the interest rates of major lenders.

Official economic data now points to a slowing economy, with building approvals, employment and retail sales data for March all coming in under market expectations.

Mr Bennett said the data suggested Australia’s economic performance post the global financial crisis was weaker than first thought.

“When you look at the domestic economy, there are patchy elements,” he said.

“There are storm clouds on the horizon.”

Source  :  www.news.com.au

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Homeowners face finding another $50 a month to pay the mortgage, with the Reserve Bank tipped to lift official interest rates again today as it battles to dampen house prices and keep inflation pressures at bay.

A quarter percentage point rise this afternoon would mean official rates would have climbed 1.25 percentage points since October, adding more than $240 to the monthly repayments on a $300,000 mortgage.

It would be the biggest run of increases in a 12-month period since the Reserve took the official cash rate from 5 per cent to 6.25 per cent between November 1999 and August 2000.

But the decision could be a close call, with signs of softness in the retail and building sectors lifting expectations the Reserve may wait at least another month before moving in the week before Treasurer Wayne Swan hands down the Federal Budget.

At least mortgage holders may be saved from a “super-sized” lift to their repayments, with the NAB yesterday saying it would not increase its rates more than any move in the official cash rate. Its recent policy of matching rate rises had led to more customers.

That prompted Mr Swan to challenge other major banks to follow NAB’s lead.

TD Securities senior strategist Annette Beacher expects the Reserve board to hold rates today.

But Macquarie Bank rate strategist Rory Robertson said the chance of a rate rise was about 80 per cent.

“Interest rates here remain unusually low, our jobs market is strengthening, China and bulk-commodity prices are booming, so, too, local home prices, and the world’s biggest economy increasingly is getting back on its feet,” he said.

A new survey from Dun and Bradstreet of business executives out today shows sales, growth, employment and capital investment expectations all rising. 

Source  :  www.thewest.com.au

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Initial work at the Chevron-led Gorgon gas project could begin before Christmas if final investment is approved by the three joint venture partners.

The proposed development, which was given final environmental approval today, will create as many as 10,000 jobs at its peak and underpin a major expansion of liquefied natural gas (LNG) production across Australia.

Chevron greater Gorgon area general manager Colin Beckett said a few other formal approvals were needed before a final investment decision was made.

He said he did not want to pre-empt the decision, which should be made “fairly soon”.

But Chevron was committed to the project, he said.

“We now need to just turn our attention to finalising a few other formal approvals which will be of much lower profile,” Mr Beckett said.

Once those are out of the way we will be able to finalise our final investment decision.”

Mr Beckett said that once a decision had been made the next step would be to place purchase orders and contracts for project construction.

He said the company had already committed to $2 billion of contracts.

“By Christmas we would be starting to do some of the initial work on Barrow Island while in other places we complete our design and get on with the procurement activity,” he said.

“So we’ll be making early strides there and by the end of next year we’ll be working pretty flat out on Barrow Island itself.”

Accommodation for 3,300 fly-in, fly-out workers will be included in the construction phase, which is expected to create 7,000 jobs for people working on the project and a further 3,000 in spin-off employment.

Mr Beckett said the project would draw labour from across Australia.

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The Rudd Government’s partnership with business and community leaders to Keep Australia Working has secured more than 1000 jobs in its first week, Minister for Employment Participation, Senator Mark Arbib, announced today.

Senator Arbib today joined Local Jobs Champions Bill Kelty and Lindsay Fox at the third Keep Australia Working Forum at Casula, where he announced 240 jobs in Canterbury Bankstown and South Western Sydney Employment Priority Area.

The Australian Government is providing $3.7 million from the $650 million Jobs Fund for three Western Sydney Projects.

The 240 jobs in Western Sydney bring to more than 500 the positions funded through the Jobs Fund and come on top of the 250 jobs in South Eastern Melbourne and 23 jobs in Northern Tasmania announced at jobs forums earlier this week.

The private sector is also playing a significant role in boosting employment with Lindsay Fox announcing this week he would employ an extra 450 staff over the next two years at Linfox and Woolworths announcing 60 jobs for its new logistics centre in Launceston.

“The Rudd Government is doing everything possible to keep Australians working,” Senator Arbib said. 

“This week by working together – the Government and industry – we’ve managed to create or protect more than 1000 jobs.

“Not every week will be as successful as this week in keeping people in work. There will be ups and downs, because the global recession is far from over.

“But this week has shown what can be achieved by working together.”

Parliamentary Secretary for Employment Jason Clare said community leaders, business representatives and job service providers would today join Government to develop a regional employment strategy for Canterbury Bankstown and South Western Sydney.

“The Keep Australia Working forums allow the community to maximise the benefits of the Government’s Economic Stimulus Plan and Jobs Fund and develop localised responses to the impact of the global recession.

“We want to find job opportunities for local businesses and workers, particularly in areas like Western Sydney where unemployment is a growing problem.”

Mr Clare said Local Jobs Champions, Lindsay Fox and Bill Kelty, would bring their considerable experience and wisdom to the table.

“The Local Jobs Champions will help forum participants identify local skill and labour needs and develop directions for the future,” Mr Clare said.

“It’s great to have Lindsay Fox and Bill Kelty on board. Few people understand the Australian economy better than these blokes, they’ve been through it before. They’re travelling with us around the country helping areas hit hardest by the global recession.”

Today’s forum is the third in a series being rolled out in employment priority areas across Australia as recommended in the Keep Australia Working interim report presented last week to Deputy Prime Minister Gillard by Senator Arbib and Mr Clare.

There are now 20 employment priority areas around the country:

  • Canterbury Bankstown and South Western Sydney (New South Wales)
  • Illawarra (New South Wales)
  • Richmond Tweed and Clarence Valley (New South Wales)
  • Mid North Coast (New South Wales)
  • Sydney West and Blue Mountains (New South Wales)
  • Central Coast Hunter (New South Wales)
  • South Eastern Melbourne (Victoria)
  • North Western Melbourne (Victoria)
  • Ballarat Bendigo (Central Victoria)
  • North Eastern Victoria
  • Ipswich Logan (Queensland)
  • Cairns (Queensland)
  • Townsville Thuringowa (Queensland)
  • Caboolture Sunshine Coast (Queensland)
  • Southern Wide Bay Burnett (Queensland)
  • Bundaberg Hervey Bay (Queensland)
  • Northern and Western Adelaide (South Australia)
  • Port Augusta Whyalla Port Pirie (South Australia)
  • South West Perth (Western Australia)
  • North West/Northern Tasmania.

For more information on Keep Australia Working, visit http://www.deewr.gov.au/Employment/KeepAustraliaWorking/Pages/home.aspx

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