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Showing 151 - 160 of 868 results for "wages"

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI | THURSDAY, 12 JAN 2023

... is in a bit of a sweet spot compared to many parts of the world, our inflation rate isn't as high as that in the US, and wages growth isn't nearly as strong. As a result, rates are unlikely to rise as much as they will in many other countries. Australia's ...

Expand access to financial services: AUSTRAC

CASSANDRA BALDINI | FRIDAY, 9 DEC 2022

... access to traditional identification can restrict an individual's ability to open a bank account and receive payments and wages. This can make many everyday activities like paying bills extremely difficult," she explained. "These new guidance materials ...

RBA bumps up cash rate

ANDREW MCKEAN | WEDNESDAY, 7 DEC 2022

... He added that the RBA was also very explicit about its concern about a wage-price spiral taking hold, signalling that if wages growth becomes too high the cash rate will rise higher to ensure inflation expectations remain anchored. Inflation risk is ...

RBA set to lift the cash rate again

ANDREW MCKEAN | TUESDAY, 6 DEC 2022

... Australian households. AMP chief economist Shane Oliver said a rate hike is imminent. "Still high inflation, strong jobs and wages data and the absence of an RBA meeting in January are likely to drive another 0.25% hike in December to 3.10%. But by the ...

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI | WEDNESDAY, 30 NOV 2022

... Zealand managing director Shay Peters said the survey indicates several sectors across banking and finance that have seen wages consistently increase over the last few years. "But we now are entering a time where inflation is rising at an even faster ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI | WEDNESDAY, 9 NOV 2022

... pre-pandemic levels, and should help ease labour shortages and the tight job market. "Which in turn will help head off a surge in wages growth to levels well beyond those consistent with the inflation target," Oliver said. He added that inflation may ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN | TUESDAY, 1 NOV 2022

... inflation under control," Saxena said. "This low level of wage inflation means that there is more room for fiscal policy to help wages grow to match rising interest rates. Increasing wages can help offset any required increases in interest rates, so ...

Budget deficit pressured by debt costs

ANDREW MCKEAN | WEDNESDAY, 26 OCT 2022

... strategy is focused on the objectives of strong, inclusive and sustainable economic growth, full employment, growing real wages, ensuring women's economic participation and equality, and improving living standards for all Australians. The immediate ...

Plans afoot to narrow gender pay gap

JAMIE WILLIAMSON | WEDNESDAY, 26 OCT 2022

... narrowing the gender pay gap, including requiring the Fair Work Commission to consider gender equity when formulating minimum wages. According to Budget documents, this year marks the first that the government has used gender responsive budgeting, trialling ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON | TUESDAY, 25 OCT 2022

... "Two Senate inquiries and a growing chorus of consumers groups, industry funds, unions and employers say paying super with wages will fix the problem and with the ATO only recovering a dismal 15% of the unpaid super debt its vital for members that this ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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