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Showing 1 - 10 of 742 results for "Labour Market"

Financial services firms concerned about attracting staff

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... concerned about their ability to attract staff. "There is currently a duality in the employment market. On one side the labour market is slightly softening with more candidates available but on the other hand, unemployment rate, although on the rise ...

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
Job flexibility and a tight labour market are keeping more Australians at work, research from KPMG finds, giving rise to a delay in their retirement. The analysis found that men are retiring at 66.2 years old, from 63.3 years old two decades ago, while ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of Australia, Chalmers ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... indicated that inflation has proven to be slightly stronger than the Fed had anticipated, but economic growth and the labour market are stronger-essentially, a soft landing," Shah said. US Federal Reserve chair Jerome Powell downplayed the importance ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... dovish, albeit non-committal on an acknowledgement of peak rates." "Inflation continues to moderate and a weaker labour market were both highlighted, but above-target inflation continues to sway the RBA's hands for now."

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... said. "We believe AI will be the key driver of equity markets over the next decade, significantly impacting the labour market, productivity and sector concentration, as well as margins and free cash flow generation."

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... current cash rate is necessary to evaluate the impact of the interest rate increases on demand, inflation, and the labour market. "The board remains resolute in its determination to return inflation to target and will do what is necessary to achieve ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... March quarter of 2009. Speaking to Financial Standard, Mousina said the noticeable increase resulted from a tight labour market and the Fair Work Commission's decision to uplift the minimum award wage significantly. "The unemployment rate has remained ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... hike than other major global central banks to create a narrow path for a loft landing and/or maintain gains in the labour market, but the trade-off is longer time to achieve its mandated inflation goal." Elsewhere, abrdn head of multi-asset investment ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... predecessors, there was a lot of announcements but a bit short on delivery," he said. "And because of the pressures in the labour market, and the pressures on building costs and other costs, we have seen big blowouts in the program." Elsewhere, ahead ...
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