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Bare shelves in a Melbourne Woolworths in late November.

Woolworths to slash jobs, product ranges in $400m cost-saving drive

The nation’s biggest supermarket chain has suffered a $190 million earnings slump in the latest half after a two-week strike stripped shelves late last year.

  • Jessica Yun

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The Reserve Bank, which is led by governor Michele Bullock, last week cut interest rates but made it clear it wasn’t sure it should have cut.

RBA is lost in the frightening territory of full employment

The central bank’s bizarre behaviour last week is a sign that it has lost its bearings and isn’t sure what’s happening in the economy or where it’s headed.

  • Ross Gittins
The nation’s jobs market remains strong with businesses adding another 54,000 full time workers in January.

Hopes fade for another rate cut as jobs growth strengthens

A record participation rate and an extra 54,000 full-time jobs in January suggest little steam is coming out of the labour market.

  • Shane Wright and Millie Muroi
Jack Schafer shifted from a job in government to one mowing lawns.

‘They thought I was crazy’: Why Jack quit corporate life to mow lawns

Studies show people change jobs every three years on average, and increasingly they’re shifting to service-based roles and trades.

  • Emily Chantiri
Treasurer Jaclyn Symes and Premier Jacinta Allan announce the review on Thursday.

Facing the chop: State public service review to target highest-paid bureaucrats

Between 2000 and 3000 people are expected to lose their jobs, saving the state government billions of dollars, Treasurer Jaclyn Symes says.

  • Rachel Eddie, Hannah Hammoud and Chip Le Grand
Reserve Bank governor Michele Bullock.

What Michele Bullock really meant in speech after cutting interest rates

We’ve deciphered the RBA governor’s comments on Tuesday, after the Reserve Bank cut rates for the first time in more than four years.

  • Matt Wade and Shane Wright
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Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Feb. 18, 2025. Australia’s central bank cut interest rates for the first time since 2020 as inflation approaches the top of its 2-3% target, while saying it will take a cautious approach to future decisions.

RBA dashes hopes of further rate relief after first cut in four years

The big four banks moved quickly to match the cut to their mortgage rates to alleviate the pain mortgage holders have been feeling since rates started rising in May 2022.

  • Shane Wright, Millie Muroi and Sumeyya Ilanbey
Distressed selling remains benign.

How homeowners scraped through the high-rate era without forced sales

The volume of home owners under pressure to sell their properties is below 2020 levels, but there are pockets where stress is taking a toll.

  • Emily Power
ABS data shows there are fewer small businesses than when Labor came to office.

Small business in ‘recession’ as public service thrives

The Coalition claims Australia is adding a public servant for every small business lost. Labor says that’s misleading.

  • Millie Muroi
Taking a gap year or a sabbatical, or tempted to? There are some jobs that might suit you better than others.

Want to take a break from the office? Here are 10 jobs you can do while travelling

A gap year isn’t just for teenagers any more.

  • Caterina Hrysomallis

Original URL: https://www.smh.com.au/topic/jobs-5yw