Labour cost


Are you being sacked? Myer’s cost-cutting casualties

The roots of the current Myer staffing crisis have a long history in the soulless managerialism that has infested this once proud family firm, writes Andrew Crook.

An economics primer for new Treasurers

Wayne Swan was embarrassed by Nairu yesterday. Thomas Hunter here compiles a list of economic terms for the new Treasurer.

Merrills says dump your Qantas shares

Qantas lifted earnings guidance for the year before Christmas and will now earn well over $1.4 billion pre tax in 2008. But the solid outlook hasn’t encouraged some analysts and overnight Merrill Lynch’s Australian arm put a sell on the airline, writes Glenn Dyer.