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Showing 91 - 100 of 200 results for "Wage growth"

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG | THURSDAY, 5 SEP 2019

... market (if it persists) plus the tax cuts plus lower interest rates plus still low unemployment (albeit, lacklustre wage growth) should strengthen household spending going forward. I for investment. Reduced borrowing costs for businesses (lower official ...

All options open for retirement income review

HARRISON WORLEY | FRIDAY, 26 JUL 2019

... government's policy has not changed," Morrison said. "I am very keen to ensure, particularly in a time of low wage growth, which we have - it has been modest, I have always acknowledged that - and the best way to improve that and improve what people ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG | THURSDAY, 27 JUN 2019

... the current unemployment-inflation dynamics of most other developed nations, the RBNZ noted: "The subdued nominal wage growth in the private sector and the apparent disconnect from indicators of capacity pressure in the labour market... the continuing ...

SG below 10% fails super objective

HARRISON WORLEY | FRIDAY, 7 JUN 2019

... "higher compulsory super contributions are ultimately funded by lower wages", putting forward the argument that despite wage growth sitting below what it was when previous SG increases occurred, small movements were still possible. "We disagree that ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG | WEDNESDAY, 22 MAY 2019

... weakening in recent months. Foremost of which is the Australian Bureau of Statistics' (ABS) recent update showing wage growth remains lacklustre. Private sector wages grew by 2.4% in the year to the first quarter, up from 2.3% in the December 2018 ...

Industry responds to election outcome

ELIZABETH MCARTHUR | MONDAY, 20 MAY 2019

... the return to business as usual the Morrison Government still have to contend with a languishing economy, stagnant wage growth and a slumping housing market." Creagh explained: "The bigger impact for company profits is the fragile state of economy, global ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG | THURSDAY, 16 MAY 2019

... quarter - the same annual rate of growth recorded in the September and December quarters of 2018. Yes, Virginia - wage growth would have been weaker if not for the "regularly scheduled wage rises." Nothing organic! Private sector wages grew by 2.4% in ...

Chief economist update: Inflation is dead

BENJAMIN ONG | MONDAY, 29 APR 2019

... Stevens' declaration when at the helm of the RBA: "As wages are the largest component of business costs, the outlook for wage growth is particularly important for the inflation outlook." Ergo, the outlook for inflation depends on the wages outlook. ...

Chief economist update: AUD misdirection

BENJAMIN ONG | MONDAY, 15 APR 2019

... will. While this would certainly improve Australia's terms of trade, the sharply weakening property market, tepid wage growth and household consumption dictates the RBA would need to cut interest rates sometime this year.

Australia back in the black

KANIKA SOOD | TUESDAY, 2 APR 2019

... Budget documents read. "As spare capacity in the labour market continues to be reduced and economic growth strengthens, wage growth is expected to pick up."

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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