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

Search Results

Showing 111 - 120 of 203 results for "Cost of living"

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... employees, which can be the trigger to start salary sacrificing their extra earnings." However, because of heightened cost of living pressures and poor super returns, Banney acknowledged that many people may be tempted to pocket the extra cash rather ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... forecast to deteriorate over the period ahead, exacerbated by the ongoing war in Ukraine, while the increases in cost of living and recent flooding events remind us that Australia is facing its own turbulence. "As Australia's prudential supervisor ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... profits and chief executive bonuses while working people are seeing their pay swallowed up by the rapidly rising cost of living." ACTU president Michele O'Neil commented: "Corporate Australia is causing the cost-of-living crisis by passing on price increases ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
... Despite these concerns, ACTU secretary Sally McManus said: "Wage claims are always considered in the context of cost of living increases and broader economic conditions, but with profits at record levels, productivity high and labour's share of GDP ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... seeing this in all major economies... Consumers don't like inflation and interest rates compounding in terms of cost of living," he said. "What I really think that central banks will need to do is put the brakes on economies and really have that ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... $40 per week. The most significant changes since last year's review decision have been the sharp rise in the cost of living and the strengthening of the labour market. "The Panel concluded that given the current strength of the labour market, the ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
ASFA's latest insights show the annual increase in the cost of living for some retirees is the largest seen in 12 years. According to ASFA's Retirement Standard figures for the March quarter, Australians aged around 65 living a comfortable retirement ...

What the election result means for ESG

CASSANDRA BALDINI  |  FRIDAY, 27 MAY 2022
... a role here is challenging for investors." The government will need to balance ESG policies against addressing cost of living pressures in a rising rate environment. Frontier is advising clients to be mindful of a shifting policy backdrop, particularly ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... home buyers is a key part of his government's plan. On his policy, Morrison said: "This is how you help with the cost of living." "You let them use their own money, you don't lock it away from them where someone else is in control of it." BuyersBuyers ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... relatively unscathed from the political tensions that grip our allies. GDP growth has been slow as has productivity, cost of living has ballooned and wages have stagnated in spite of low unemployment, but to a great extent, the enduring legacy of superannuation ...