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

Search Results

Showing 131 - 140 of 1269 results for "Labor"

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
... have a recession this year?" According to Miller, the data doesn't validate that view at the moment. "If we look at the labor market in the US, the unemployment rate is still pretty close to a fifty-year low. I can remember when man walked on the ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
The Consumer Price Index (CPI) in the US dropped 0.1% in December, according to the Bureau of Labor Statistics. Inflation in the US has risen 6.5% over the past year, but the latest data also shows a cooling trend for the sixth consecutive month. US ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... social security, the treasury, comptroller of the currency, the consumer financial protection bureau and the department of Labor which oversees ERISA-regulated retirement finance. In Congress, there are also multiple committees overseeing financial services ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... would have opened the floodgates to further supplementary performance tests, to the detriment of product holders. Given that Labor has adopted these amendments, the faith-based carve out is dead, but never should have been proposed in the first place." ...

BlockFi files for bankruptcy, crypto contagion worsens

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
... the Chapter 11 process. Though the company has also initiated an internal plan to considerably reduce expenses, including labor costs. BlockFi has US$256.9 million in cash on hand, which is expected to provide sufficient liquidity to support certain ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... creation that helps its clients meet their investing needs." News of the settlement came just hours after the US Department of Labor allowed US-based retirement plans to consider climate change and other ESG factors in their investment processes. The ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
The Labor government has delivered small wins to pensioners in its Budget, but not all will reap the benefits. Treasurer Jim Chalmers has increased pensioners' earnings amount, with the temporary income bank top up to increase from $7800 to $11,800 ...

Chalmers delivers on childcare

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
Federal Treasurer Jim Chalmers has promised to improve early education and childcare affordability for more than 1.2 million eligible Australian families. Labor's "game-changing" investment for families will increase the paid hours worked by women ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... Chalmers said: "Borrowing costs are the fastest growing budget pressure, rising at more than 14% a year over a decade." The Labor government's 2022/23 Budget forecasts an underlying cash deficit to the tune of $36.9 billion in 2022/23, $44 billion ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... and superannuation changes that were announced by the previous government but never legislated have been scrapped by the Labor government. To provide certainty to industry and those that would have been impacted by the measures, the government has reviewed ...