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Showing 111 - 120 of 825 results for "Labour Market"

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... annually. ABS acting head of prices statistics Leigh Merrington said the results reflect low unemployment, a tight labour market and high inflation. "Wage outcomes over the March quarter 2023 saw a continued lift in the share of jobs receiving wage rises ...

PensionDanmark selects future chief executive

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2023
... He will bring unique experience from the management of significant public institutions across economy, finance, labour market and welfare," the fund's chair Lars Sandahl Sørensen said. "Peter Stensgaard Mørch is a capacity on both a professional, leadership ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... Although it's a close call this bolsters the case along with increasing evidence of slowing growth and a cooling labour market for the RBA to leave rates on hold in May ahead of an eventual cut in rates to support struggling economic growth from later ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... expects the RBA to increase rates by 25 basis points at its next meeting. "The RBA is clinging to the hope that the labour market will begin to soften this year as higher interest rates start to impact demand, in turn contributing to a higher unemployment ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... its narrow range of views about monetary policy. "The ACTU has called for a greater diversity of viewpoints, and labour market expertise in particular, on the RBA board, so it can work in the interests of all Australians," it said. "The board needs members ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... target at this meeting. This case was again founded on the observation that inflation remained too high, and the labour market was very tight," it said. The minutes explained the board considered the argument that, in these circumstances, it was better ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... However, AMP deputy chief economist Diana Mousina says she expects the pause will be held. "We have been expecting the labour market to slow quicker than the official data has been indicating. This does increase the risk that wages growth rises more ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... 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 momentum, the unemployment rates are still exceptionally ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The International Monetary Fund (IMF) has reported a significant decrease in global economic growth, reaching a 20-year low. The IMF World Economic Outlook 2023 report said there were tentative signs in early 2023 that the world economy could achieve ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... would pass a turning point, into a downswing, around the turn of the year and that once inflation had peaked and the labour market had started to loosen, the RBA would choose to pause," he said. A panel of experts canvassed by Finder foresees the cash ...