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McDonald’s announces big cash incentives to win staff over

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Fast-food chains are resorting to big cash incentives to win staff in the competitive world of the great resignation as industries lose staff quicker than they can hire them

One McDonalds in Sydney Australia has helped deliver 50 new hires thanks to a new sign-on bonus worth 1-thousand dollars.

According to the report in the AFR, the sign-on bonuses in the hospitality sector shows the true extent of the skills shortage.

If you thought that was generous, a town down under in the mountain ranges of New South Wales is offering a 20-thousand sign-on bonus for a GP.

There are also $15,000 sign-on bonuses for nurses to work in corrections facilities in Melbourne and Sydney.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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