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Showing 131 - 140 of 1568 results for "Labour"

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The US Federal Reserve (Fed) has indicated that a cooling labour market has alleviated inflation pressures, signalling to investors that interest rate cuts could be on the horizon. June's US consumer price index (CPI) data revealed a rise of 3% from ...

UK government to establish national wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2024
... Britain and make every part of our country better off. "Britain is open for business - and the work of change has begun." The Labour Party has worked with a taskforce in developing the fund, which includes former Bank of England governor Mark Carney ...

Job mobility falls for first time in three years

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... back to around its pre-pandemic level, according to new data from the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said in the 12 months to February 2024, around 8% of employed people, or 1.1 million people, changed ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... evidence was there that inflation could return to target in a reasonable timeframe, while holding onto the gains in the labour market."

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... changes. "For example, an SMSF trustee undertaking a renovation on the fund's property and not charging the fund for their labour. Or administrative services being provided to APRA regulated funds at discounted rates." Formica said that ever since ...

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... 126,000 in 2023, according to the OECD, equating to 2% of its population of about 5.2 million. While this is helping ease labour shortages, the OECD found it has also boosted demand for housing, contributing to an annual increase of 5.1% in rents for ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... inflation," the board said. "The persistence of services price inflation is a key uncertainty. Also, although growth in unit labour costs has eased, it remains high. Productivity growth needs to pick up in a sustained way if inflation is to continue ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... Miller said the April monthly consumer price index (CPI) indicator exhibited ongoing "stickiness", as did the price and labour cost indicators contained in the NAB May Monthly Business Survey. "Those indicators are suggestive of some upside risk to the ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... The region's economic participation and opportunity score improved to 71.7%, though significant disparities remained in labour-force participation and workforce representation between countries. While educational and health outcomes were strong, political ...

Financial services workers eye earlier retirement

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... average, at 61.4 years. This average has risen from 58.5 years in 2014-15 and from 57.4 years in 2004-05," ABS head of labour statistics Bjorn Jarvis said. "On average, men intend to retire slightly later than women, but this gap is closing. In 2022-23 ...