‘Cautious, concerned and insecure’: Australians too scared to move jobs
Australian job mobility fell to a record low, with only 7.2 percent of workers changing jobs over the past year, the Australian Bureau of Statistics reported. Indeed economist Callam Pickering said workers are "cautious, concerned and insecure," citing weak productivity growth. Reserve Bank Governor Michele Bullock warned that without improved productivity, real wage growth will stagnate.
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Published 31 Jul 2026, 04:04 UTC · Updated 31 Jul 2026, 04:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections