News (Proprietary)
Chemist Warehouse billionaire owners lose in test case for retailers
1+ hour, 52+ min ago (227+ words) The $34 billion pharmacy empire could be the first retailer to be subject to a multi-employer agreement under Labor's new laws, following a landmark Fair Work ruling. Gift 5 articles to anyone you choose each month when you subscribe. Chemist Warehouse has been forced to negotiate a union agreement for its workforce under Labor's new multi-employer bargaining laws, raising the prospect of big wage hikes for the $34 billion dollar retail and pharmacy empire. The Fair Work Commission directly ordered billionaire owners Marcello Verrocchi and Gance family-linked entities to start bargaining for a deal in South Australia after finding the Shop Distributive and Allied Employees Association (SDA) had majority support of 300 Chemist Warehouse workers across six franchisees in the state, covering 13 stores. Follow the topics, people and companies that matter to you. 10 fashion lessons to take into the new year (hint: ditch the…...
Is an IT degree still a good career choice?
19+ hour, 51+ min ago (204+ words) Tech jobs are well-paid and the industry wants more workers, but with fears around AI vulnerability, is a computer science degree a good choice? Gift 5 articles to anyone you choose each month when you subscribe. Tech jobs are some of the best-paid in the country and the industry is insatiable for more workers. But with fears it's also highly vulnerable to automation, is an IT degree a good choice in 2026? We crunched the data and spoke to industry players to find out. Analysis by The Australian Financial Review of full-time salaries in the six months after graduation between 2016 and this year finds computer science graduate salaries rose 25 per cent. Follow the topics, people and companies that matter to you. The consultancy bringing public art to the streets Some cities are built for holidays " but these are made for living 5 hidden-gem…...
Will doing a master’s really boost my career?
1+ day, 22+ hour ago (201+ words) The data shows a postgraduate degree does increase both employability and wages " but what you do and when you do it matters. Gift 5 articles to anyone you choose each month when you subscribe. Someone with a postgraduate degree can expect to earn an average 18 per cent more than a worker with an undergraduate qualification alone " and the value of a postgrad on your CV has increased in value over the past decade. Analysis by The Australian Financial Review of Bureau of Statistics data for the 10 years between 2014 and 2024 shows postgraduate earnings rose at a rate almost 6 per centage points above inflation. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that should be on your radar Max Allen's top 20 drinks of the year (from $25 to…...
Is a degree even worth it any more (and where’s the money?)
2+ day, 23+ hour ago (257+ words) Three quarters of Australians now think a university degree is "not worth it. Are they right or is university education still your best bet to get ahead? Gift 5 articles to anyone you choose each month when you subscribe. When it comes to whether to go to university or not, it's easy to think that the "math no longer maths'. The cost of getting a degree has increased between 20 per cent and 50 per cent since 2021; the starting salaries for graduates have stalled or declined and that's for those who can get a job; 30 per cent of graduates haven't secured a job six months after finishing; and to top it all off, classrooms are empty as cash-strapped students shun a social life to make ends meet. It's no wonder a September survey published by Deakin University shows only 27 per cent of Australians…...
West Australians go museum-crazy in record year
4+ day, 17+ hour ago (221+ words) Nearly half of the state's population checked out an exhibit after Premier Roger Cook waived admission fees, while audiences slumped in Sydney and Melbourne. Gift 5 articles to anyone you choose each month when you subscribe. Western Australia Museum surged to become the country's second-most-visited museum in 2024-25, after the WA government waived entry fees last summer holidays and Sydney's major museum suffered a post-blockbuster hangover. Visits to WA Museum's three sites in Perth, Fremantle and Carnavon were up 21 per cent to 1.2 million, equal to 40 per cent of the state's population, and catching up to Museums Victoria which fell 13 per cent to 1.93 million visitors. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that should be on your radar Max Allen's top 20 drinks of the year (from…...
COO was source of Steadfast boss sexual harassment complaint
5+ day, 15+ hour ago (208+ words) Experienced executive Noelene Palmer was made redundant days after a sexual harassment probe into the group's CEO resulted in his reinstatement. Gift 5 articles to anyone you choose each month when you subscribe. Insurance broking group Steadfast has retrenched one of its most senior executives who made a sexual harassment complaint against the company's veteran chief executive officer Robert Kelly. The chief operating officer of the ASX-listed company, Noelene Palmer, was made redundant this week after just five months in the job and just days after an investigation that concluded on a confidential basis, but with Kelly, 78, returning to his role. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that should be on your radar Max Allen's top 20 drinks of the year (from $25 to $500) Christine…...
Philanthropy drives productivity
1+ week, 1+ day ago (1099+ words) For a growing number of Australia's wealthiest families and foundations, philanthropy is being redefined as a strategic investment in the nation's economic future rather than a charitable afterthought. It is an approach that treats giving not as a one-off gesture, but as a catalyst for meaningful returns in productivity, innovation and social inclusion. "Philanthropy has evolved well beyond the notion of generosity for its own sake," says Professor Iain Martin, vice-chancellor of Deakin University. "The most effective philanthropists now see their giving as a strategic investment in Australia's human capital. At Deakin, we view these partnerships as nation-building endeavours." The path to productivity begins here. Deakin University, powered by strategic philanthropy, invests in human capital for a stronger Australia." Martin says this shift mirrors the way business leaders plan for long-term growth. "Just as business leaders think in decades, not…...
Accounting firms want grads with the social skills AI can’t replace
1+ week, 1+ day ago (196+ words) Accounting firms want graduates with personality and grit, making part-time retail work, team sports and volunteering as valuable as good marks. Gift 5 articles to anyone you choose each month when you subscribe. Accounting firms are flipping the hiring script, treating technical skills as non-essential and teachable in new staff while hunting for the social skills artificial intelligence cannot replicate. The shift towards personality and grit means part-time retail work, team sports and volunteering is now deemed as valuable as high academic marks. PKF Australia national chief operating officer Lana Weldon is looking for potential recruits with proven social skills. Follow the topics, people and companies that matter to you. What's the difference between lab-grown and real diamonds? She's one of our best fashion designers. But you won't know her name This lawyer has collected more than 600 brooches Australia's 50 highest-paid CEOs…...
Delayed US jobs report fails to resolve rate outlook
1+ week, 5+ day ago (210+ words) Nonfarm payrolls increased 119,000 in September, while the unemployment rate ticked up to an almost four-year high of 4.4 per cent as the labour force grew. Gift 5 articles to anyone you choose each month when you subscribe. Washington | US jobs growth picked up in September following a decline in the prior month, and the unemployment rate ticked higher, underscoring several cross-currents in a fragile labour market. Nonfarm payrolls increased 119,000 after the prior month was revised lower, according to Bureau of Labour Statistics data released on Thursday. The unemployment rate ticked up to an almost four-year high of 4.4 per cent as the labour force grew. Follow the topics, people and companies that matter to you. Max Allen's top 20 drinks of the year (from $25 to $380) How Pandora became the world's No.1 jewellery business Sydney perfected this restaurant " now it's Melbourne's turn to enjoy Push…...
Delayed US jobs report shows unemployment ticked higher
1+ week, 5+ day ago (216+ words) The jobs report from September was delayed by the government shutdown and shows an uneven US labour market heading into the final quarter of the year. Gift 5 articles to anyone you choose each month when you subscribe. US job growth picked up in September and the unemployment rate ticked higher, suggesting the labour market showed signs of stabilising before the government shutdown. Non-farm payrolls increased 119,000 after declining in the prior month, according to Bureau of Labor Statistics data out Thursday. The unemployment rate ticked up to 4.4 per cent, the highest in nearly four years and reflecting an increase in the size of the labour force. Hourly earnings rose 0.2 per cent from the prior month. Follow the topics, people and companies that matter to you. Prices for this under-the-radar watch brand are surging Why your mascara and skincare should be in…...