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Showing 151 - 160 of 200 results for "Wage growth"

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 ...

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 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." But what put a rocket under the already strengthening Australian dollar were these: "Financial market pricing continued ...

A year on from Brexit

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2017
... Natixis' chief market strategist David Lafferty said the resiliency of the UK economy is waning, with the impact of slow wage growth, rising inflation and a slump in industrial production and manufacturing being felt. "While consumer and business sentiment ...