Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 181 - 190 of 1582 results for "Labour"

Some explanations have missed the mark: Lowe

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... can't be achieved on average, it does mean that inflation is likely to be more variable around that target." Addressing the labour market, Lowe explained that when he assumed the role of governor in 2016, the unemployment rate stood between 5.5% to 6% ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... investments. While the recent pause may have caused temporary relief, the RBA warned that despite inflation passing its peak, the labour market remained tight and future hikes are not off the table. "Some further tightening of monetary policy may be ...

Ageing population measures needs rethink: Mercer

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... reasons, Knox said. Conversely, those aged 65 or over are commonly joining in the workforce, jumping from 1.99% of the total labour force in 2006 to 4.94% in 2022. "A more accurate approach would be to consider the actual labour force, rather than the ...

High rates impacting REITs: Quay

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... across many sectors for reasons including a general pause during the pandemic due to supply chain distruptions, as well as labour shortages and general uncertainty. This is impacting deliveries today, Blaess said, while new development, and thereby future ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... while. Weak household consumption and dwelling investments are some of the forces dampening activity. "Conditions in the labour market remain very tight, although they have eased a little. Job vacancies and advertisements are still at very high levels ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... economy doesn't work for anyone. In particular, without price stability we will not achieve a sustained period of strong labour market conditions that benefit all." Starting from early last year, the Federal Open Market Committee (FOMC) has maintained ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... not be betting on easing of price pressures in the near term." Chesler explained the RBA is "clinging" to hopes that the labour market will begin to soften over the second half of the year. "The case for raising the cash rate in August remains based ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... threat of a global recession, as well as geopolitical and climate woes. Newly released ABS figures show that Australia's labour market remained strong in June, adding more than 33,000 jobs. While the participation rate edged down month on month by ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... prices more broadly," the minutes said. "They also observed that weak productivity was contributing to strong growth in unit labour costs. Furthermore, electricity prices had risen substantially on 1 July; while this was expected and had been incorporated ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... spending, suggesting that the Reserve Bank of Australia (RBA) probably needs to hike rates again," Mousina said. Australia's labour market remains tight, with the unemployment rate near its lowest level in nearly 50 years and there are still a significant ...