The Australian Capital Territory (ACT) government has announced a partnership with Telstra to reopen Telstra Tower, a landmark telecommunications facility in Canberra. The iconic tower, which offers panoramic views of the city and surrounding areas, has been closed to the public for several years. The partnership aims to revitalize the tower and make it accessible to visitors once again.
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Unemployment to hold steady as pay packets swell
Australia's unemployment rate is expected to remain steady at 4.1% with the addition of about 20,000 jobs in May, following a significant rise in April. Meanwhile, advertised salaries have increased by 3.6% year-on-year, though May's growth was just 0.2%, indicating a tightening job market and real wage gains, as noted by Treasurer Jim Chalmers in anticipation of potential tax reforms. Need More Context? 🔎
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