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Showing 191 - 200 of 826 results for "Labour Market"

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... services and transport conditions continue to lag". Confident businesses beget confident consumers (through the labour market), making the jump in consumer confidence hardly a surprise. The Westpac-Melbourne Institute index of consumer confidence rose ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... not be "until 2024 at the earliest" when the RBA expects "significant gains in employment and a return to a tight labour market" to materially lift wages.

Shock statistics on gender gap on boards

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... however, reflect any underlying structural changes to women's overall position in the workforce. I expect to see more labour market volatility over the next 12-24 months as the nation settles into a new post-COVID-19 employment environment. As the nation's ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... since the Reserve Bank of Australia (RBA) provided a more optimistic assessment of and outlook for the domestic labour market. In its February 2021 'Statement on Monetary Policy' (SoMP), the RBA declared that: "The outlook for the labour market ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... from the global financial crisis of a decade before - bad news is good news. This is because the weakness in the US labour market only strengthens Joe Biden's bid to deliver his US$1.9 trillion stimulus package. And it will pack a punch. As per IMF ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... materially higher than it is currently. This will require significant gains in employment and a return to a tight labour market. The board does not expect these conditions to be met until 2024 at the earliest." Perhaps, by then, Australia's become ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... week before the country celebrates its day, the National Statistician released its latest survey of the domestic labour market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." The Australian Bureau of Statistics' ...

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... mortgage increased from 52 in 1981 to 62 in 2016, according to CEPAR. "Indebtedness increases the likelihood of labour market participation, meaning households with mortgage debt at older ages are more likely to continue working," it said. "Older owner-occupied ...

Frydenberg unveils Retirement Income Review

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
The federal government's landmark review into the nation's retirement income system left no stone unturned in examining the "complex" structure but fell short of making any recommendations. In releasing the 648-page report this morning, Treasurer ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
... gaining momentum," Treasurer Josh Frydenberg said. Frydenberg was, of course, referring to the wonderful set of labour market numbers released by the ABS. The ABS reported that 178,800 workers found employment in October - a pleasant surprise to markets ...