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Showing 161 - 170 of 868 results for "Wages"

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... rates, both real and nominal, conflated these inflationary pressures. "For many years over the past decade or so, actual wages growth was much weaker than the bank had forecast. The bank has discussed a range of reasons for that unexpected weakness ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... on a retiree's lifestyle can be dramatic, even with modest inflation. Unlike, accumulators who can still benefit from wages that are increasing (albeit often lagging inflation), a retiree doesn't have that protection. Without a wage or salary ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... the rest of the market. We think the decision for the RBA will be relatively straightforward: inflation engines such as wages and retail demand continue to surprise to the upside." Barclays said: "We expect the current account surplus to surge. We expect ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... relatively healthy. Grant commented: "Employers generally need to be more rigorous about introducing measures to bring about wages equality." "The gender pay has been around for so long that to get male and female wages on par, employers would have to ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
Treasurer Jim Chalmers and employment minister Tony Burke said they are pleased to see strong wages growth but noted it's still well short of inflation. Australian Bureau of Statistics (ABS) data shows the Wage Price Index rose 2.6% in the year to June ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... facing Australia's economy and alluded to the fact that it had inherited rising inflation, rising rates, and falling real wages. Citi Index market analyst Tony Sycamore called the latest RBA decision a dovish surprise relative to expectations. However ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... methodology instituted by the European Central Bank, to decompose shifts in price levels and attribute them to shifts in wages, profits and taxes, the Australia Institute found that unit labour costs played almost no role in inflation over the period ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... labour costs and selling prices - indicates extreme tightness in both labour and product markets." This poses upside risk to wages and inflation the investment bank noted. "We still expect the RBA to also keep hiking quickly in the near-term, with another ...

Women paid less at every age, rank: Data

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
... take home $93,000 less per year than their male counterparts, new data shows. Workplace Gender Equality Agency conducted wages and ages: mapping the gender pay gap by age data series and revealed that, men out earn women across every generation and peaks ...

Young investors undeterred by volatility: Data

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
... theme for young people, particularly women, who are becoming more proactive in dealing with historical hurdles like lower wages, minimum cheque sizes, access to education and support." Kresina said that alongside allocating a higher portion of their ...