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Showing 101 - 110 of 868 results for "wages"

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... paper today, inviting stakeholders to provide feedback on a proposed framework to synchronise superannuation payments with wages. The Securing Australians' Superannuation consultation paper also seeks feedback on how employee onboarding and their choice ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
... they know how to invest outside of Australia. D'Souza said there's already a known financial gap between both the wages and superannuation savings of women and men. For example, women are more likely to take career breaks or reduce their working ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... rises is possible if things don't pan out as quickly as the RBA would like, on the inflation front, and particularly if wages were to pick up more than is currently expected," she said. "But that certainly isn't the base case; I just don't ...

Women less confident to retire: Vanguard

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... retire well." On average, Australian women earn 13% less than their male counterparts, often work in industries with lower wages, take time off to manage home-related issues, care for children, and live longer, Nutter said. "All this means that women ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... Westpac said it remains in a strong financial position. The increase in expenses was attributed to higher supplier costs, wages, and investment in the group's technology and customer simplification agenda. However, Westpac has undertaken cost reset ...

Unemployment rate rises as gender wage gap narrows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... experiencing a historic narrowing. ABS data reveals that the gender wage gap has shrunk to its smallest ever, with female wages growing at a rate that significantly outpaces their male counterparts. The trend was particularly evident in sectors dominated ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... trend, the unemployment rate is expected to rise gradually from its current rate of 3.5% to around 4.5% late next year. Wages growth has picked up in response to the tight labour market and high inflation. At the aggregate level, wages growth is still ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... rate in August remains based on the strength of the labour market, still stubborn inflation and further upside risks to wages. The average pace of employment growth remains virtually unchanged from last year," he said. "As higher rates start to impact ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... effects on inflation had not been fully captured." Further, the RBA drew attention to the tight labour market. "While nominal wages growth appeared to have stabilised recently, members assessed that the environment would remain conducive to above-average ...

Wage increases shouldn't equal rate hikes

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... Sky News ahead of today's RBA meeting, Conroy dismissed speculation that wage growth should require a hike in rates. "Wages have been flatlining at about 2.5%, it's now 3.5%," he said. "Is any economist trying to suggest that a 1% increase in ...