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Showing 111 - 120 of 741 results for "labour market"

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... materially higher than it is currently. This will require significant gains in employment and a return to a tight labour market. The board does not expect these conditions to be met until 2024 at the earliest." Perhaps, by then, Australia's become ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... week before the country celebrates its day, the National Statistician released its latest survey of the domestic labour market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." The Australian Bureau of Statistics' ...

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... mortgage increased from 52 in 1981 to 62 in 2016, according to CEPAR. "Indebtedness increases the likelihood of labour market participation, meaning households with mortgage debt at older ages are more likely to continue working," it said. "Older owner-occupied ...

Frydenberg unveils Retirement Income Review

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
The federal government's landmark review into the nation's retirement income system left no stone unturned in examining the "complex" structure but fell short of making any recommendations. In releasing the 648-page report this morning, Treasurer ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
... gaining momentum," Treasurer Josh Frydenberg said. Frydenberg was, of course, referring to the wonderful set of labour market numbers released by the ABS. The ABS reported that 178,800 workers found employment in October - a pleasant surprise to markets ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... with outcomes that are very uneven across the country," Lowe said. "This unevenness is especially evident in the labour market...The job losses have been largest for young people, with around 500,000 people under 35 losing their jobs in the early stages ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... consumers' job prospects and... they've bounced. "The survey provides us with an insight into confidence in the labour market. There was a stunning lift in confidence around job security. The Index improved by 14.2% to be back around the levels ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
... border" policy, financial markets and economists were correct in expecting further deterioration in the domestic labour market. But the Australian Bureau of Statistics' (ABS) latest Labour Force update had me singing 'The Stylistics' -- "betcha ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... likely that fiscal and monetary support would be required for some time given the outlook for the economy and the labour market. The board said it remains committed to supporting jobs, incomes and businesses in Australia and agreed to maintain highly ...