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Showing 211 - 220 of 868 results for "Wages"

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... during the pandemic, and were therefore recorded as inactive". Similarly, the BOE explained away the recent acceleration in wages growth (to 5.6% in the April quarter) as due to compositional effects - i.e., more job losses among lower-paid workers - ...

SG increase to self-fund retirement

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
... week, ASFA analysis showed businesses can afford to pay the increase of the Superannuation Guarantee without cutting the wages of employees.

Employers should pay SG rise: ASFA

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
... of Australia (ASFA) showed businesses can afford to pay the increase of the Superannuation Guarantee without cutting the wages of employees. As of July 1, the SG rate will rise from 9.5% to 10% and ASFA argued the Australian economic recovery is fuelling ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... continued monetary and fiscal policy largesse would put a lotta money in Americans' pockets, in addition to the higher wages they'll get to get off the higher pay offered by Uncle Sam (if they're unemployed) relative to what they'll be ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... easing of social and business restrictions, US economic momentum has shifted another gear. Companies would need to offer wages above what staying at home drinking Budweiser and watching Netflix offer. They're doing just that. The BLS reports that ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... of some COVID-19-related price reductions" but largely, the RBA expects only a "gradual and modest" rise in inflation and wages. "In the central scenario, inflation in underlying terms is expected to be 1.5% in 2021 and 2% in mid-2023," the RBA said. ...

Financial services job market hot: Hays

ELIZABETH MCARTHUR  |  THURSDAY, 27 MAY 2021
... reflect their performance. While 3% might not sound like much to some, recent Australian Bureau of Statistics data shows wages growth of just 0.6% overall. The Hays guide is based on a survey of 3500 organisations, representing over 8.8 million employees. ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... sustainable level in the second half of the projection." Rising capacity pressure plus a declining unemployment rate equals higher wages growth, reading: "Annual LCI private sector wage inflation is assumed to accelerate from 1.6% in the March 2021 quarter ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... employees, in consultation with PwC and King & Wood Mallesons. The FSU estimates that 58,000 workers are entitled to unpaid wages. It has been putting the pressure on NAB to remediate affected workers as quickly as possible, urging union members audit ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... Marquardt, head of price statistics at the Australian Bureau of Statistics (ABS), explained the latest figures on the growth in wages in the domestic economy. Growth in total wages accelerated to 1.5% in the year to the March 2021 quarter. Private sector ...