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Showing 111 - 120 of 1722 results for "Unemployment"

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... reached its peak. "Our rule of thumb has been that, once the RBA is convinced that inflation has peaked and that the unemployment rate has troughed, it would pause," he said. "We have held our view since January largely based on our view that the domestic ...

We sit at a watershed moment: Paton

CHLOE WALKER  |  THURSDAY, 30 MAR 2023
... will be positive, albeit subdued throughout 2023 and 2024. This will be set against the backdrop of continued low unemployment, inflation is forecast to soften but remain above the Reserve Bank of Australia's targets, and the terminal interest rate ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... said two out of four domestic data releases have so far been published. "The NAB Business Survey was robust and the unemployment rate dipped to 3.5% in February from 3.7% in January," he said. The February retail trade and monthly CPI indicator are the ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
... inflation. Recent economic indicators revealed modest growth in US spending, production, and strong job gains, with low unemployment and persistent inflation concerns. As such, the Fed decided to increase the federal funds rate target by 25 basis points ...

Super a big national advantage: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... around the world, but we've got a lot going for us as well," he said. Chalmers highlighted Australia's 3.5% unemployment rate as a positive for the nation and said given the circumstances it's a "stunning outcome." "We're getting very ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... said Powell. "Nobody had seen the supply chains collapse no one had seen the labour force participation plummet or unemployment go to 14% and higher than that. If we ever see this pitch again, we'll know how to swing at it."

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
... timeframe to get inflation back to its 3% target, Lowe commented that if the RBA could achieve that while keeping unemployment below 5%, mid-2025 would be a "fantastic outcome." "We've discussed the case for being even more aggressive with interest ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... likely supported by the Superannuation Guarantee increase to 10.5% as of 1 July 2022, together with the declining unemployment rate during the year, which sits at historically low levels, APRA said.

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... increase. "If it did persist, there would be significant costs, including higher interest rates and a larger increase in unemployment later on. Relatedly, members [of the board] observed that the longer inflation stayed high, the greater the risk of ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... early access to super can be a dignified solution for those facing financial difficulted due to medical needs or unemployment. The consultation is open until March 31.

Editor's Choice

Super funds race to implement digital advice

VINNY VUCAGO
Australian superannuation funds are increasingly turning to digital advice tools to bridge the longstanding gap between members needs and access to affordable financial guidance, according to executives at wealth technology Bravura Solutions.

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion.

Quinbrook appoints Australian lead

VINNY VUCAGO
Energy transition infrastructure investor Quinbrook has appointed Tim Horneman as region leader for Australia, formalising his responsibility for the firm's local investment activities and business operations.

Former ASFA COO joins housing fund manager

MATTHEW WAI
The former chief operating officer of the Association of Superannuation Funds of Australia (ASFA) has joined C1 Capital Group as chief investment and operating officer.

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