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Showing 101 - 110 of 871 results for "wages"

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 ...

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 ...