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On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss the ups and downs of online auctions, the power of activist short-sellers, and tax time 2021.

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Steve Waters, director of Right Property Group, chats about online auctions and why they resemble “a bad Zoom meeting”, the growing resilience of the property market, and how Sydney’s lengthy lockdown could shake things up.

RMIT’s senior lecturer of finance, Dr Angel Zhong, delves into short selling – the original trade that sent GameStop stock soaring – and how activist short-sellers are impacting markets.

And lastly, tax and super guru Timothy Munro talks about those early tax lodgers and possible ramifications, as well as detailing the temporary shortcut method, which you may be able to use this tax time.

Have a question for our experts? Get in touch at [email protected] and you might get featured on the next episode.

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7 sectors bucking the unemployment trend

By Grace Ormsby

April 15 2020
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Earn

7 sectors bucking the unemployment trend

By Grace Ormsby
April 15 2020

Despite the Treasury’s prediction that Australia’s unemployment rate is set to double in coming months, there’s still an “urgent need” for skilled and non-skilled workers across sectors nationwide.

7 sectors bucking the unemployment trend

By Grace Ormsby

April 15 2020
Share

Jobs platform SEEK has noted a “mass reduction” in new job ads being posted on its site, but highlighted an urgent demand for workers in specific industries at the same time.

A SEEK report has flagged seven areas where this demand is predominantly being found:

Essential retail services

These roles are situated across warehouses and distribution chains. They include jobs such as shelf stackers, delivery drivers, supply chain managers and warehousing supervisors.

Manufacturing

According to SEEK, the additional demand for household staples has seen manufacturing businesses need workers to keep up with production to improve capacity.

Mining and resources

Large resource companies are still looking for highly skilled roles such as diesel fitters and auto electricians. There is also demand for more general skilled roles, such as truck drivers and machine operators.

Virtual working and digitisation

Software development and cyber security are in demand, thanks to the number of employees who have suddenly found themselves working from home.

Family support

Nannies and tutors jobs are still on offer, with parents and carers who are working from home now searching for additional support in care and education capacities.

Healthcare

Due to the health-related nature of the COVID-19 crisis, it shouldn’t come as a surprise that jobs are still to be found across a number of nursing specialisations, pharmacy, physiotherapy, OT and rehabilitation, psychology, counselling and social work.

Customer support

With a number of large organisations bringing their call centres back to Australian shores to comply with policies, SEEK has observed an upswing in jobs for call centre operators, managers and customer support staff.

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About the author

Grace Ormsby

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.

About the author

Grace Ormsby

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