Money
Australia’s hiring blitz: More than ten thousand Christmas positions on offer
From pick-packing roles to BWS salespeople, the nation is looking for workers to help sell the Christmas spirit across the country.
If you are one of many job seeker’s looking for Christmas casual work, you’ve come to the right place.
E-commerce giant Amazon is on the hunt for 1,000 Aussie seasonal workers to assist with the fast-approaching Christmas rush.
The online retailer is looking for pick-packers and delivery drivers as shipping times draw to a bottleneck around the country.
The new hires will be distributed within three of the country’s major cities, with 400 based in Sydney, 600 in Melbourne and 100 positions available in Brisbane.
The US giant houses 12 logistic sites across the Aussie nation, along with five additional fulfillment centers.
A Christmas miracle for struggling job seekers
An influx in recruitment opportunities couldn’t have come at a better time for struggling Australians – many facing job cuts due to the pandemic.
Craig Fuller, director of operations at Amazon Australia, is proud that the company is actively working to employ new recruits – a commitment which could help lower the country’s unemployment rate.
“We are pleased to offer job opportunities across the country at a time when they are needed most,” Mr Fuller said.
“There are opportunities for motivated, enthusiastic people from all backgrounds and we look forward to welcoming them to our sites around Australia as we head into the holiday period.”
Employers want you! In more sectors than one
Their hiring blitz isn’t the first to take place in the country, with the e-commerce platform following tech giant JB Hi-Fi who are advertising 1,500 casual positions.
Retailers Coles, Woolworths and the Endeavour Group also have a joint total of more than 10,000 jobs on offer, most with immediate starts.
The delivery sector is also on the lookout for new employees in what’s their annual hiring spree for the Christmas trade period.
Australia Post is advertising 5,000 roles to assist in what they predict to be one of the biggest online shopping periods the country has ever experienced, according to Australia Post’s executive general manager of people and culture Sue Davies.
“At the moment, every day feels like Christmas at Australia Post and we’re on the lookout for people to join us and help deliver and process record volumes across the country.”
Sue Davies, executive general manager of people and culture Australia Post.
“We’re proud of the outstanding efforts of our people working hard across the country who keeping delivering and supporting communities through challenging circumstances, and we’re so pleased to be able to welcome more into this fantastic Australia Post team.”
More than two million parcels are delivered every day through Australia Post’s delivery services.
Written by Rebecca Borg
Money
Alphabet launches $20B bond to fund AI expansion
Alphabet’s $20B bond offering highlights investor confidence in AI growth, enabling funding without shareholder dilution.
Alphabet’s $20B bond offering highlights investor confidence in AI growth, enabling funding without shareholder dilution.
Alphabet has launched a record $20 billion bond offering to finance its massive AI infrastructure build-out, signalling strong investor confidence in the company’s growth strategy. The oversubscribed sale shows that investors are betting on Alphabet’s AI potential and long-term returns.
By using debt instead of equity, Alphabet can raise funds without diluting shareholders. The money will support AI research, advanced computing, and other strategic projects, cementing the company’s leadership in the sector.
Brad Gastwirth from Circular Technologies explains how corporate debt is reshaping tech financing and how investors perceive AI-linked bonds. This record issuance could set a trend for other tech companies looking to fund innovation.
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Money
AI tax tool sparks market turmoil for financial firms
Major financial firms’ stocks fell sharply after an AI tax tool launch, raising investor fears of disruption in advisory services.
Major financial firms’ stocks fell sharply after an AI tax tool launch, raising investor fears of disruption in advisory services.
Shares of major financial services firms tumbled after the launch of a new AI-powered tax planning tool. LPL Financial dropped nearly 11%, while Charles Schwab and Raymond James Financial fell more than 9%, signalling investor concern over AI disrupting traditional advisory services.
Morgan Stanley also saw a 4% decline as fears grow that AI could replace some of the most profitable offerings of established firms. Earlier this year, the introduction of other AI models already caused turbulence in software stocks, suggesting this could be a broader trend affecting multiple sectors.
The iShares U.S. Broker-Dealers and Securities ETF was down 4% on Tuesday, reflecting the market-wide uncertainty surrounding AI adoption in finance. Investors are closely watching whether AI will complement or cannibalise the industry’s core services.
#AIImpact #WallStreet #FinancialMarkets #InvestingNews #MorganStanley #CharlesSchwab #RaymondJames #FinTech
Money
RBA rate shock: ASX200, Gold and Crypto market
RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.
RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.
The RBA’s latest interest rate decision has sent ripples through the ASX200 and AUD, leaving investors weighing what comes next. We break down how these changes could affect global equities ahead of this week’s crucial non-farm payroll and consumer price index releases.
Zoran Kresovic from Blueberry Markets shares his analysis on the rebound in gold and silver after recent market turbulence, and what factors could drive further gains or sell-offs in the commodities market.
We also dive into the current state of cryptocurrencies, exploring how investors can navigate volatility and what to watch as economic data continues to shape market sentiment.
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#RBA #ASX200 #GoldMarket #SilverRebound #CryptoUpdate #InvestingTips #MarketVolatility #EconomicOutlook
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