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Showing 131 - 140 of 200 results for "Wage growth"

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 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 ...

Soaring education costs require financial plan: Research

KARREN VERGARA  |  TUESDAY, 16 JAN 2018
... for Education Index shows the rising costs of school fees, which skyrocketed 61% in the last decade, have dwarfed wage growth of 34%. Sydney parents can spend more than $547,414 on their child's education, $72,072 higher than parents from other parts ...

Chief economist update: iPhone and Black Friday sales ring up retail registers

BENJAMIN ONG  |  FRIDAY, 12 JAN 2018
... Australian labour market is improving - the unemployment rate is at its lowest level since February 2013 (5.4%) - wage growth remains sluggish. The wage price index grew by 2.0% in the year to the September 2017 quarter, only a tad higher than the record ...

Only way is up for global economy: Baur

DARREN SNYDER  |  TUESDAY, 9 JAN 2018
... growth is pretty good; where people are confident; where companies are expanding, and capital spending is growing; wage growth is picking up; job growth is pretty good and people have a good outlook and are looking ahead," Baur said. In the last decade ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... the February quarter. We might not need the patience of Job to see stronger job creation flow through into faster wage growth.

Down, down business conditions are down

BENJAMIN ONG  |  WEDNESDAY, 13 DEC 2017
... Australians all, may just get higher pay increases we haven't been getting since the global financial crisis - around 4.0% wage growth pre-GFC and 2.0% as at the September quarter. But note Alan's statement that "wage costs are impacting confidence". ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... chicken and egg argument. Low inflation expectations are tempering demand for higher pay increases while sluggish wage growth is dragging inflation and inflation expectations lower. This could open the Fed to a risk of a policy mistake depending on how ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... reported that an inability to find workers with the required skills was a key factor restraining hiring plans." Still, "Wage growth was modest or moderate in most Districts." Data on US average hourly earnings confirm this. US average weekly earnings ...

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
... stronger Australian dollar's downward pull on inflationary pressures. Continued low inflation means continued sluggish wage growth (by virtue of CPI indexation) and further reduction in household spending. It's still about seven months until the "advised" ...

Where in the cycle is Australia?

BENJAMIN ONG  |  FRIDAY, 17 NOV 2017
... to offset even low inflation - stuck in the parking lot. "Warning roadblocks ahead," the GPS would warn. Sluggish wage growth and record high household debt do not provide good indications for that which accounts for around a third of the Australian ...