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Showing 121 - 130 of 200 results for "Wage growth"

Increasing SG is not the answer: O'Dwyer

KARREN VERGARA  |  THURSDAY, 5 APR 2018
... straight out political advertising." The Henry Tax Review found employees bear the cost of SG contributions through lower wage growth - which only increases retirement income at the cost of reducing their current standard of living, she said. O'Dwyer ...

PIMCO sells Aussie banks as correction looms

ALEX BURKE  |  THURSDAY, 15 MAR 2018
... report said. It added that PIMCO believes household consumption will remain at a "lower average level" due to low wage growth, a slowing property market and stabilising savings rates. "Therefore, we are cautious on retailers, particularly those exposed ...

Chief economist update: She'll be right, mate!

BENJAMIN ONG  |  THURSDAY, 15 MAR 2018
... a positive sign for wages but as NAB explained, this is likely a reflection of the "jump in employment rather than wage growth". Australian consumer sentiment appears to have also been resilient to the increased volatility in the financial markets. Better ...

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
... increased spending on non-essentials indicates greater confidence about their future finances; or, given still sluggish wage growth (up 2.1% in the December quarter) would be "unspent" in the coming quarters. Further, the National Accounts also show ...

Chief economist update: Wagering on wages

BENJAMIN ONG  |  WEDNESDAY, 21 FEB 2018
... February meeting, the Australian central bank is wagering on the same: "Notwithstanding the improving labour market, wage growth remains low. This is likely to continue for a while yet, although the stronger economy should see some lift in wage growth ...

Don't blame ETFs: Spot poll

KARREN VERGARA  |  MONDAY, 19 FEB 2018
... underlying concern. IIF global capital markets financial economist Lucas Martin and senior director Sonja Gibbs said wage growth in the US may have catalysed the selloff, reinforcing the narrative that the Federal Reserve may need to raise rates more ...

Chief economist update: RBA sees wages growth recovering but it's not guaranteed

BENJAMIN ONG  |  WEDNESDAY, 14 FEB 2018
... spending account for around 60% of the Australian economy. The NAB report tried to put lipstick by pointing out that its "wage growth proxy" - which adjusts the labour cost measure for employment changes - points to higher wages growth (therefore underpinning ...

Scared of inflation? Try deflation

BENJAMIN ONG  |  MONDAY, 12 FEB 2018
... 2019 (from 1.7%) - "domestic inflationary pressures are expected to rise. The firming of shorter-term measures of wage growth in recent quarters, and a range of survey indicators that suggests pay growth will rise further in response to the tightening ...

Go your own way: AXA IM

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... of asset-backed security from China that doesn't even exist yet." With 375 million middle class citizens and real wage growth of 8%, Chinese consumers are set to become crucial to the health of the global economy. "We need to be focusing on these opportunities ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... the previous quarter. Recall the RBA's words: "As wages are the largest component of business costs, the outlook for wage growth is particularly important for the inflation outlook." But the outlook for inflation is also important for wage growth (and ...