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

Search Results

Showing 111 - 120 of 1269 results for "Labor"

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Women facing disadvantage are poised to benefit from this year's budget, as Labor promises to expand initiatives introduced in October 2022 that aim to tackle economic inequality. Federal treasurer Jim Chalmers introduced a number of measures on ...

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
The federal government is clamping down on unpaid super, requiring employers to align the payment frequency of the Superannuation Guarantee (SG) with wages. Federal budget documents revealed that the government will proceed with its earlier decision ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... burden." Budget documents described the surplus as an "unprecedented turnaround" from the $77.9 billion deficit that the Labor government inherited. Since the October Budget, the medium-term fiscal position has improved, with the deficit projected to ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
ASIC will tighten its scrutiny of greenwashing as part of the Labor government's crackdown on protecting investors against investment scams and other misconduct from product issuers. Federal treasurer Jim Chalmers bolstered ASIC enforcement activity ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... stability the economy doesn't work for anyone. Without price stability we will not achieve a sustained period of strong labor market conditions that benefit all." Meanwhile, GSFM strategist Stephen Miller pointed out the Federal Reserve omitted a ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... there's a rigorous process," he said. "So, we're not ending up with a whole lot of union officials with deep links to the Labor Party." Meanwhile, others applauded the decision. The Australian Council of Trade Unions (ACTU) said it's been ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... companies and investor. Beyond worker safety concerns, modern slavery is still on the rise - last year, the International Labor Organisation estimated that at any given time, 50 million people are in conditions of modern slavery, and there has been a ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... expertise," she said. SIAA acknowledged that some stockbrokers and investment advisers put their education on hold when the Labor government was elected in May 2022, considering the minister's election commitment to introduce an experienced pathway. ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... We did that in the October budget, and we'll be doing it again in May." When pushed further, Chalmers reinforced that Labor does take the IMF's advice seriously but said it remains clear on its priorities. "The fastest growing cost in the Commonwealth ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... metrics the RBA will most likely leverage to make its decision. "They [the RBA] will get another set of prints, both for the labor market and for inflation," he said. "On the labour market, we've already started to see some signs that it's losing ...