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

Search Results

Showing 201 - 210 of 1568 results for "Labour"

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... Affairs Committee following the submittal of the semiannual monetary policy report to Congress. The report stated the US labour market remains extremely tight and to bring inflation down it will likely require a period of "below-trend growth and some ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
... mortgages," he said. "... We think we can navigate this narrow path and bring inflation down and keep many of the gains in the labour market. But if you don't get inflation down, we will be in all sorts of trouble. So that's a difficult message ...

Gender balance is smart economics: CEW

MICHELLE BALTAZAR  |  TUESDAY, 7 MAR 2023
... female earnings while raising workforce participation by women from the current 73% to 85% (on par with Sweden, the highest labour force participation rate in the world) could boost GDP by as much as $186 billion per year, based on PwC estimates. "Businesses ...

Poor financial literacy worsens underinsurance problem

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... concepts: earning, spending, saving, borrowing, and protecting, MetLife said. Pointing to statistics from Household, Income and Labour Dynamics in Australia (HILDA), more than 8.5 million people or 45% of Australians could be classified as financially ...

Dataset to ease policy planning for ageing population

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... towards part-time work among older workers; and changing social attitudes towards older workers. An overall increase in labour force participation among women in recent years due to various policy measures was also cited, as was generally strong labour ...

Unemployment rate rises to 3.7%

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
... Employment decreased by 11,000 people, and the number of unemployed increased by 22,000 people. On the result, ABS head of labour statistics Bjorn Jarvis said: "January is the most seasonal time of the year in the Australian labour market, with people ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... and Russia's invasion of Ukraine have significantly impacted the increase in inflation. Strong domestic demand, a tight labour market, and capacity constraints in some sectors have also contributed to upward price pressure, the RBA said. However, the ...

ESG lead salaries hit $350k: Recruiter

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023
... move from financial analyst to non-financial analyst because they've got much stronger analytical skills." The tight labour market for ESG professionals means that people are advancing higher more quickly. "We're seeing that with people moving ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... in line. The RBA will continue to closely monitor global economic developments, household spending, inflation, and the labour market to determine the extent of future interest rate hikes needed, Lowe said. "The Board remains resolute in its determination ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... tightening is already working, Bloxham said. Monetary tightening has weakened local activity, including the momentum in labour costs, he said. HSBC said the RBA will enact a 25-basis point hike in February to 3.35%, and likely another one in March. T. ...