More fires than hiresBY BENJAMIN ONG | FRIDAY, 17 MAR 2017 10:29AM
While markets don't expect the RBA to alter interest rate settings this year (but pricing in two rate hikes next year, according to WBC), the growing labour marketslack, along with A$ strength and still below target inflation put pressure on the Australian central bank for another rate cut.Read more: employment, WBC, ABS, unemployment, Westpac Melbourne Institute Index of consumer sentiment, Australian Bureau of Statistics, NAB Business Survey, RBA Assistant Governor Financial System Michele Bullock
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For 12 months starting today, employers with a history of underpaying the superannuation guarantee will have a chance to "wipe the slate clean" and clear any pile of unpaid super without copping late payment penalties from the Government, according to legislation introduced in the Parliament today.
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Technology provider Midwinter was selected to provide financial planning software services to the advice division of a major financial services organisation.
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The Financial Services Council supports negotiations between Australia and the Council of the European Union to flesh out a free trade agreement. The FTA will widen the door for Australian funds to access Europe's sophisticated funds management industry.
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Another rate hike is coming soon! This is the almost unanimous verdict financial markets and the intelligentsia gave after reading the minutes of the US Federal Reserve's latest meeting.
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