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Why Apple wants its employees BTW ASAP

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Apple Park

While many are enjoying the perks of working from home, Apple employees are angry about a memo from the CEO asking them to return to work.

While office workers around the world haver been getting by the last year on Zoom meetings from the lounge room, the tech giant is trying to get employees back to Apple park on set days.

Apple workers would still be able to work from home on Wednesdays and Fridays though.

Apple Park is a massive new complex housing thousands of employees

But many are unhappy with the announcement, responding in an internal letter that they would like more flexibility.

They want those who like working remote to be allowed to do so.

Benefits of Working From Home

When COVID-19 forced companies all over the world to send their employees home to work virtually, remote work had a big moment.

Yes, the rush to give employees access to all the tools they’d need to work from home was a bit, well, sudden for many employers.

10 Benefits of Working From Home

As we’ve long known, remote work has a host of advantages for workers.

Some you may already be aware of, and some that may open your eyes even more to remote work’s impact on employers, employees, the economy, and the planet.

1. Better Work-Life Balance

Many remote jobs also come with flexible schedules, which means that workers can start and end their day as they choose.

It’s all about achieving outcomes.

This control over your work schedule can be invaluable when it comes to attending to the needs of your personal life.

Apple Park is a massive new complex housing thousands of employees

2. Less Commute Stress

The average one-way commuting time in the U.S. is 27.1 minutes.

According to the Auto Insurance Center, commuters spend about 100 hours commuting and 41 hours stuck in traffic each year.

Some “extreme” commutersface much longer commute times of 90 minutes or more each way.

  • Higher cholesterol
  • Elevated blood sugar
  • Increased risk of depression

3. Location Independence

One of the considerable benefits of working from home is having access to a broader range of job opportunities that aren’t limited by geographic location.

This can be especially helpful for job seekers living in rural communities and small towns where there may not be many available local positions.

4. Improved Inclusivity

Remote work enables companies to embrace diversity and inclusion by hiring people from different socioeconomic, geographic, and cultural backgrounds and with different perspectives.

That can be challenging to accomplish when recruiting is restricted to a specific locale that not everyone wants, or can afford, to live near.

5. Money Savings

People who work from home half time can save around $4,000 per year.

Fuel, car maintenance, transportation, parking fees, a professional wardrobe, lunches bought out, and more can all be reduced or eliminated from your spending entirely.

These savings add up and put more money back into your pocket.

  • Overhead
  • Real estate costs
  • Transit subsidies
  • Continuity of operations

6. Positive Environmental Impact

The 3.9 million employees who worked from home at least half time before the pandemic reduced greenhouse gas emissions by the equivalent of taking more than 600,000 cars off the road for an entire year.

A whopping 7.8 billion vehicle miles aren’t traveled each year for those who work at least part-time from home, 3 million tons of greenhouse gases (GHG) are avoided, and oil savings reach $980 million.

7. Impact on Sustainability

Remote work supports a variety of sustainability initiatives, from economic growth and reduced inequalities, to sustainable cities, climate change, and responsible consumption.

8. A Customizable Office

Being able to create a comfortable home office is an excellent benefit of remote work.

Whether you simply want a more ergonomic chair or you have health issues that require specialised office equipment, you can set up your home office and make it whatever you want.

9. Increased Productivity and Performance

Working from home usually leads to fewer interruptions, less office politics, a quieter noise level, and less (or more efficient) meetings.

Add in the lack of a commute, and remote workers typically have more time and fewer distractions, which leads to increased productivity.

10. A Happier, Healthier Work Life

Remote, flexible workers tend to be happier and more loyal employees, in part because working from home has been shown to lower stress

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Money

ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

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ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


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1 in 8 households don’t have the money to buy enough food

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Katherine Kent, University of Wollongong

Around one in eight (1.3 million) Australian households experienced food insecurity in 2023. This means they didn’t always have enough money to buy the amount or quality of food they needed for an active and healthy life.

The data, released on Friday by the Australian Bureau of Statistics (ABS), show food insecurity is now a mainstream public health and equity challenge.

When funds are tight, food budgets suffer

The main driver of food insecurity in Australia is financial pressure.

Housing costs and energy bills expenses consume much of household income, leaving food as the most flexible part of the budget.

When money runs short, families cut back on groceries, buy cheaper but less nutritious food, skip meals, or rely on food charities.

These strategies come at the expense of nutrition, health and wellbeing.

Inflation has added further pressure. The cost of food has risen substantially over the past two years, with groceries for a family of four costing around $1,000 per fortnight.

Who is most affected?

Not all households are affected equally. Single parents face the highest rates of food insecurity, with one in three (34%) struggling to afford enough food.

Families with children are more vulnerable (16%) than those without (8%).

Group households, often made up of students or young workers, are also heavily affected at 28%.

Rates are even higher for Aboriginal and Torres Strait Islander households, where 41% report food insecurity.

Income remains a defining factor. Nearly one in four (23.2% of) households in the lowest income bracket experience food insecurity, compared with just 3.6% in the highest.

These headline numbers are only part of the story. Past research shows higher risks of food insecurity for some other groups:

While the ABS survey can not provide local breakdowns, it will also be important to know which states and territories have higher rates of food insecurity, to better inform state-level responses.

What are the impacts?

Food insecurity is both a symptom and a cause of poor health.

It leads to poorer quality diets, as households cut back on fruit, vegetables and protein-rich foods that spoil quickly. Instead, they may rely on processed items that are cheaper, more filling and keep for longer.

The ongoing stress of worrying about not having enough food takes a toll on mental health and increases social isolation.

Together these pressures increase the risk of chronic diseases including diabetes, heart disease and some cancers.

For children, not having enough food affects concentration, learning and long-term development.

Breaking this cycle means recognising that improving health depends on improving food security. Left unaddressed, food insecurity deepens existing inequalities across generations.

What can we do about it?

We already know the solutions to food insecurity and they are evidence-based.

Strengthening income support by increasing the amount of JobSeeker and other government payments is crucial. This would ensure households have enough money to cover food alongside other essentials.

Investment in universal school meals, such as free lunch programs, can guarantee children at least one nutritious meal a day.

Policies that make healthy food more affordable and available in disadvantaged areas are also important, whether through subsidies, price regulation, or support for local retailers.

Community-based approaches, such as food co-operatives where members share bulk-buying power and social supermarkets that sell donated or surplus food at low cost can help people buy cheaper food. However, they cannot be a substitute for systemic reform.

Finally, ongoing monitoring of food insecurity must be embedded in national health and social policy frameworks so we can track progress over time. The last ABS data on food insecurity was collected ten years ago, and we cannot wait another decade to understand how Australians are faring.

The National Food Security Strategy is being developed by the Department of Agriculture, Fisheries and Forestry with guidance from a new National Food Council. It provides an opportunity to align these actions, set measurable targets and ensure food security is addressed at a national scale.

Food insecurity is widespread and shaped by disadvantage, with serious health consequences. The question is no longer whether food insecurity exists, but whether Australia will act on the solutions.The Conversation

Katherine Kent, Senior Lecturer in Nutrition and Dietetics, University of Wollongong

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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Inflation data impacts markets as stocks reach highs

Inflation data and tariff uncertainty loom as U.S. stocks near record highs ahead of potential Federal Reserve rate cuts

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Inflation data and tariff uncertainty loom as U.S. stocks near record highs ahead of potential Federal Reserve rate cuts

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In Short:
– U.S. stock investors face crucial inflation data amidst concerns over tariffs and bond yields.
– The Federal Reserve is expected to lower interest rates following weaker job growth and trade uncertainties.
U.S. stock investors are facing a week filled with critical inflation data.
Uncertainty over tariffs and government bond yields complicates the market landscape. Despite a record high for the S&P 500 index, the recent monthly employment report revealed weaker job growth in August, prompting concerns.Banner

Investor focus turns to the upcoming U.S. consumer price index data, with implications for potential interest rate cuts.

The Federal Reserve is widely expected to reduce rates at its upcoming meeting.

Market Risks

Concerns linger around tariffs, especially after a court ruling deemed many of President Trump’s tariffs illegal.

This has muddied the decision-making for corporations and investors. Higher long-dated U.S. government debt yields, which reached 5% for the first time in over a month, have also contributed to stock market challenges.

Despite a substantial 10% rise in the S&P 500 this year, traders remain cautious as economic releases could disrupt elevated stock valuations amidst ongoing trade uncertainties.


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