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Showing 191 - 200 of 868 results for "Wages"

Tight labour market not yet producing wage growth

ELIZABETH MCARTHUR | MONDAY, 24 JAN 2022

Wages growth remains subdued ahead of this week's quarterly Consumer Price Index release, despite a tight labour market. HSBC chief economist Paul Bloxham expects headline CPI inflation to increase to 3.1% year on year in Q4 2021. He observes that both ...

Sustainability will send some broke: Research

ELIZABETH MCARTHUR | FRIDAY, 17 DEC 2021

... got rich and the economy and labor were left behind. Now the tide has turned, and labor is pushing back, demanding higher wages, and getting them. We shouldn't be surprised." They added that in the current environment, producers of fossil fuels and products ...

Hume commits to 12% SG

ELIZABETH MCARTHUR | THURSDAY, 16 DEC 2021

... Hume said the government would not unpick the legislated increase if re-elected next year or allow a portion to be taken as wages instead. Hume and Jones both acknowledged the need to end the "tinkering" with the super system's fundamentals. They also ...

ISA releases pre-election wish list

CHLOE WALKER | TUESDAY, 14 DEC 2021

... to make sure young mums are paid super when they take time off to raise children, get workers' super paid with their wages and protect them from ending up stuck in a dud fund. "Workers and retirees just hate it when politicians go messing with super." ...

Economic recap: Week to November 26

BENJAMIN ONG | MONDAY, 29 NOV 2021

... re-opening of businesses; supply chain constraints; rising costs of raw and intermediate materials used in production; higher wages; or all of the above - has already prompted financial markets to bring forward the timing of central bank interest rate ...

Economic recap: Week to November 19

BENJAMIN ONG | MONDAY, 22 NOV 2021

... bid prices higher. But how's it going for Australia? The Australian Bureau of Statistics' (ABS) update on the country's wages suggests that the RBA is correct. The annual growth in the country's total wages accelerated to 2.2% in the September 2021 quarter ...

Economic recap: Week to November 12

BENJAMIN ONG | MONDAY, 15 NOV 2021

... inflation is sustainably within the 2 to 3% target range. This will require the labour market to be tight enough to generate wages growth that is materially higher than it is currently. This is likely to take some time. The board is prepared to be patient ...

Economic recap: Week to November 5

BENJAMIN ONG | MONDAY, 8 NOV 2021

... because it sees "underlying inflation to be no higher than 2½ per cent at the end of 2023 and for only a gradual increase in wages growth". The US Federal Reserve's 2-3 November FOMC meeting produced little surprise. It decided to "taper" its US$120 ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON | THURSDAY, 28 OCT 2021

... an employees' payslip. A key recommendation from ISA is that it be mandated that all super payments be made when employee wages are paid. ISA research from earlier this year found that 47% of Australian workers believe this is already the case. A further ...

Economic recap: Week to October 22

BENJAMIN ONG | MONDAY, 25 OCT 2021

... fear that prices would be more expensive in the future. Think of all the consumers who no longer have to worry that their wages will be eroded by rising prices as the costs of the utilities, goods, and services they purchases remain virtually stable. ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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