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Showing 161 - 170 of 200 results for "Wage growth"

Confidence: the business/household divide

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2017
... confidence and, by extension, consumer spending? The pessimistic view is that sluggish pay increases (and negative real wage growth) and employment gains largely concentrated in part time jobs would keep a lid on consumer spending, decreased company ...

Economic growth slows to 1.7pct but not as bad as feared

BENJAMIN ONG  |  WEDNESDAY, 7 JUN 2017
... negative real wages. This development hasn't gone unnoticed by the RBA. In its June policy statement, the RBA noted: "Wage growth remains low and this is likely to continue for a while yet... Slow growth in real wages is restraining growth in household ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... they have gone backwards. Wages growth of 1.9% less headline CPI inflation of 2.1% gives you a negative 0.2% real wage growth. This negative real wage, along with high household debt (tied mainly to mortgages), indicate that Australian consumers won't ...

Finance Sector Union appoints former NSW Premier

ALEX BURKE  |  FRIDAY, 12 MAY 2017
... position at NAB - saying he'd "rather look after workers than large companies." "In an environment with record low wage growth, and the export of Australian finance jobs offshore, I want to do a job that ensures Australian workers enjoy a larger share ...

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
... in February - and only buying essentials or staples - basic food retail up 0.3%. This is not surprising given low wage growth - 1.9% in the year to the December quarter - and large mortgage repayments (owing to expensive house prices) that should rise ...

The power of optimism

BENJAMIN ONG  |  THURSDAY, 23 FEB 2017
... are likely to remain below average for some time yet. Our liaison with businesses does not suggest that a pick-up in wage growth is imminent, but nor does it suggest that a further slowing is in prospect." Reserve Bank of Australia (RBA) governor Philip ...

Brexit beginning to bite?

BENJAMIN ONG  |  TUESDAY, 24 JAN 2017
... consumer confidence and the economic composite indicator as well as the country's low unemployment rate and rising wage growth.

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
... fall and is the fastest rate of decline since the 5.3% fall recorded in March this year. As with retail sales, slow wage growth and persistent deflation continue to discourage household spending. Japan CPI inflation The rate of decline in overall Japanese ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 29 SEP 2016
... worse than market expectations for 1.8% contraction and marks the sixth straight month of year over year fall. Slow wage growth and persistent deflation suggest continued weakness in retail sales in the coming months. While it's still too early to judge ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 19 MAY 2016
... eased to 1.9% from 2.0% over the same period; public sector wages growth slowed to 2.4% from 2.5%. The March quarter wage growth numbers - quarterly and yearly - are the lowest on record. Fortunately, Australian workers still have some spending power ...