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Showing 131 - 140 of 182 results for "Wage growth"

Housing affordability depresses confidence: Westpac

EMMA RAPAPORT  |  THURSDAY, 17 AUG 2017
... the next generation will never be able to afford to buy their home. "Current economic conditions combined with low wage growth and the high cost of living is making it extremely difficult for first home buyers, and Australians in general, to remain positive ...

Wage freeze

BENJAMIN ONG  |  THURSDAY, 17 AUG 2017
... rise gradually and be between two and 3% over much of the forecast period based on the assumption that, among others, wage growth is expected to pick up gradually over the next few years." So far...no pick up. But hey, wages growth might not be accelerating ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
... 2017' report already touched on the dangers of this for the Australian economy: "Ongoing expectations for low real wage growth remain a key downside risk for household spending. The recent sharp increase in the relative price of utilities poses a further ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... tally next week). As the RBA recently noted, "as wages are the largest component of business costs, the outlook for wage growth is particularly important for the inflation outlook." Without a significant lift in wages to push inflation higher, there ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... sluggish. Average weekly earnings excluding bonuses grew by 2.0% in the year to May. This translates to negative real wage growth whatever measure of CPI inflation is used. The consequence of this negative real wage growth has been documented in the ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
... household savings ratio has fallen from 5.1% to 4.7% - the lowest since the September 2008 quarter. Persistent sluggish wage growth suggests very little improvement (if at all) in household income and savings.

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
... extended period of inflation below target," he said. However, Lowe is optimistic: "The more likely case here is that wage growth picks up gradually as the demand for labour strengthens." But as I explained yesterday, lowered inflation expectations and ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... the March 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 pensions) ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... sluggish. Average weekly earnings excluding bonuses grew by 2% in the year to May. This translates to negative real wage growth whatever measure of CPI inflation is used. The consequence of this negative real wage growth has been documented in the 'IHS ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... noted that the strength of recent labour market data had removed some of the downside risk in the Bank's forecast of wage growth." In its May 'Statement on Monetary Policy', the RBA said "Wage growth is expected to remain at around its current rate over ...