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Showing 161 - 170 of 743 results for "labour market"

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... services are weakening due to the global growth slowdown resulting from the on-going US-China trade war. While current labour market stats indicate continued strong employment growth, consumers would not want to borrow for fear of losing their jobs amid ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... of 134.4 - taking it above its long-run average of 130. This suggests respondents anticipate deterioration in the labour market and is in line with the drop in business confidence indicated by the NAB Business Survey. This is consistent with their view ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... near 49-year lows and was due to the increase in the participation rate, itself a positive indication of the US labour market. Sure, it was great news for the US economy but... it also eased growing expectations the Fed would cut interest rates by 50 ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
... series in the year to May (from 5.6% in April). Both reports point to continued weakness/weakening in Australia's labour market and by extension, lesser impetus for domestic consumers - them that make up around 60% of the economy -- to go forth and ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... end of RBA rate cuts, Lowe's statement promised that: "The board will continue to monitor developments in the labour market closely and adjust monetary policy IF needed to support sustainable growth in the economy and the achievement of the inflation ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... the Committee for Economic Development of Australia (CEDA) event in Adelaide on June 20. Talking about 'The Labour Market and Spare Capacity', Lowe left nothing to speculators' imagination: "Monetary policy is one way of helping get us onto ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... nominal wage growth in the private sector and the apparent disconnect from indicators of capacity pressure in the labour market... the continuing absence of wage pressure could indicate there is still spare capacity in the labour market." The NZ$'s ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... remain so. "And the second and related conclusion is that there is still significant spare capacity in the Australian labour market." 2. Are there more interest rate reductions to come? "The answer here is that the board has not yet made a decision ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... into June deliberations. "At that meeting, we discussed a scenario in which there was no further improvement in the labour market and the unemployment rate remained around the 5% mark. In this scenario, we judged that inflation was likely to remain low ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... It told us so at its May board meeting, stating: "The board will be paying close attention to developments in the labour market at its upcoming meetings." The Australian Financial Review (AFR) writes: "Market pricing for an interest rate cut in June ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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