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Showing 91 - 100 of 868 results for "wages"

Super contribution caps to rise on July 1

JAMIE WILLIAMSON | THURSDAY, 22 FEB 2024

... position to make use of the increased limits next financial year should give serious consideration to doing so," he said. "Wages have been climbing at a relatively quick rate in recent years but contribution caps, because of the way they're indexed ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN | TUESDAY, 6 FEB 2024

... Australia's weak post-pandemic productivity, ranking poorly among developed nations. This has driven unit labor costs - wages adjusted for productivity - significantly above the RBA's 2-3% inflation target range. "Without a lift in productivity ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN | MONDAY, 22 JAN 2024

... to persistent inflation and elevated interest rates which have raised the cost of living and resulted in declining real wages. Inflation eased to 5.4% in the third quarter of 2023, down from 7.8% in the fourth quarter of 2022, though it remains above ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI | MONDAY, 4 DEC 2023

... voluntary savings. They explained this will better promote additional income sources retirees can draw on, such as salaries and wages from part-time work or accessing income from equity in the family home or other property. "The big challenge we have ...

Gender pay gap a crucial diversity metric: FSI

RACHEL ALEMBAKIS | FRIDAY, 1 DEC 2023

... recruited into senior roles. That's what a gender pay gap should address. The unadjusted gender pay gap does not compare wages between men and women in the same roles, but compares total wages for men and women respectively. "It is a proxy for workforce ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI | THURSDAY, 16 NOV 2023

... said. Despite the record high, real wage growth remains in negative territory. "Before the pandemic, we struggled to grow wages above 2%. At that time, inflation was slightly higher than that," she explained. "Before the pandemic, the issue was that ...

Inflation still too sticky: Report

CHLOE WALKER | MONDAY, 13 NOV 2023

... including the economy's resilience to rate hikes, record migration, low unemployment, stimulatory fiscal policy, and government wages policy which is adding to inflation. "The RBA hiked the cash rate in November by 25 basis points to 4.35% as widely ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA | MONDAY, 23 OCT 2023

... Referencing the Grattan Institute and Retirement Income Review, higher super contributions are ultimately funded by lower wages, thereby making women poorer before they reach retirement. "Women are also more likely to rely on the Age Pension in retirement ...

Payday super a seismic change for the industry: ART

CHLOE WALKER | THURSDAY, 19 OCT 2023

... from 1 July 2026, when employers will be mandated to pay Superannuation Guarantee (SG) contributions alongside salary and wages payments. "We're going see about 90,000 employees move from paying us four times to probably paying us 26 times per year," ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI | FRIDAY, 13 OCT 2023

... billions of dollars in interest repayments and taken some pressure off inflation. "That's helped ensure the gap between wages and inflation that we inherited is now narrowing, and treasury expects it to close early next year," Chalmers said. Additionally ...

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Australian Unity to shed 195 roles

MATTHEW WAI | 12:42PM

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 | 12:34PM

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 | 12:17PM

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 | 12:29PM

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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