Friday, November 27, 2009

Australia's labor market

Australia's labor market operates under highly flexible employment regulations that enhance employment creation and productivity growth. The non-salary cost of employing a worker can be moderate, and dismissing a redundant employee is costless.
Corruption is perceived as minimal. Australia ranks 11th out of 179 countries in Transparency International's Corruption Perceptions Index for 2007, and the government actively promotes international efforts to curb the bribing of foreign officials.

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