Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 182 results for "Wage growth"

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
... about the government reducing tax payables, the promised tax cuts should help plug a missing link between lacklustre wage growth and household spending. Wage growth has remained sluggish - up 2.1% in the December 2017 quarter from 2% in the previous ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... underemployment rate suggests that there's still plenty of slack in the labour market and therefore, underscoring continued weak wage growth... and weak spending growth... and low inflation... and no RBA rate hikes in the "near term". Financial Standard's ...

Increasing SG is not the answer: O'Dwyer

KARREN VERGARA  |  THURSDAY, 5 APR 2018
... straight out political advertising." The Henry Tax Review found employees bear the cost of SG contributions through lower wage growth - which only increases retirement income at the cost of reducing their current standard of living, she said. O'Dwyer ...

PIMCO sells Aussie banks as correction looms

ALEX BURKE  |  THURSDAY, 15 MAR 2018
... report said. It added that PIMCO believes household consumption will remain at a "lower average level" due to low wage growth, a slowing property market and stabilising savings rates. "Therefore, we are cautious on retailers, particularly those exposed ...

Chief economist update: She'll be right, mate!

BENJAMIN ONG  |  THURSDAY, 15 MAR 2018
... a positive sign for wages but as NAB explained, this is likely a reflection of the "jump in employment rather than wage growth". Australian consumer sentiment appears to have also been resilient to the increased volatility in the financial markets. Better ...

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
... increased spending on non-essentials indicates greater confidence about their future finances; or, given still sluggish wage growth (up 2.1% in the December quarter) would be "unspent" in the coming quarters. Further, the National Accounts also show ...

Chief economist update: Wagering on wages

BENJAMIN ONG  |  WEDNESDAY, 21 FEB 2018
... February meeting, the Australian central bank is wagering on the same: "Notwithstanding the improving labour market, wage growth remains low. This is likely to continue for a while yet, although the stronger economy should see some lift in wage growth ...

Don't blame ETFs: Spot poll

KARREN VERGARA  |  MONDAY, 19 FEB 2018
... underlying concern. IIF global capital markets financial economist Lucas Martin and senior director Sonja Gibbs said wage growth in the US may have catalysed the selloff, reinforcing the narrative that the Federal Reserve may need to raise rates more ...

Chief economist update: RBA sees wages growth recovering but it's not guaranteed

BENJAMIN ONG  |  WEDNESDAY, 14 FEB 2018
... spending account for around 60% of the Australian economy. The NAB report tried to put lipstick by pointing out that its "wage growth proxy" - which adjusts the labour cost measure for employment changes - points to higher wages growth (therefore underpinning ...

Scared of inflation? Try deflation

BENJAMIN ONG  |  MONDAY, 12 FEB 2018
... 2019 (from 1.7%) - "domestic inflationary pressures are expected to rise. The firming of shorter-term measures of wage growth in recent quarters, and a range of survey indicators that suggests pay growth will rise further in response to the tightening ...