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Showing 211 - 220 of 838 results for "labour market"

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 ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... with outcomes that are very uneven across the country," Lowe said. "This unevenness is especially evident in the labour market...The job losses have been largest for young people, with around 500,000 people under 35 losing their jobs in the early stages ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... consumers' job prospects and... they've bounced. "The survey provides us with an insight into confidence in the labour market. There was a stunning lift in confidence around job security. The Index improved by 14.2% to be back around the levels ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
... border" policy, financial markets and economists were correct in expecting further deterioration in the domestic labour market. But the Australian Bureau of Statistics' (ABS) latest Labour Force update had me singing 'The Stylistics' -- "betcha ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... likely that fiscal and monetary support would be required for some time given the outlook for the economy and the labour market. The board said it remains committed to supporting jobs, incomes and businesses in Australia and agreed to maintain highly ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
The US labour market continues to get betterer and betterer. The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.37 million in August - in line with market expectations and marked the fourth straight month of increase ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... if necessary. In turn, the Chancellor of the Exchequer Rishi Sunak announced a package of measures to support the labour market. Australia is a luckier country still.

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... at an annualised rate of 32.9% in the June 2020 quarter on top of the 5.0% drop in the first quarter. The latest labour market tally has the unemployment rate improving from the all-time high of 14.7% in April, but at 10.2% (in July), remains above the ...