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Showing 221 - 230 of 868 results for "Wages"

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... purchase costs (down to 1.6% from 1.9%) and retail prices (down to 0.8% from 1.0%) have been decelerating. In addition, wages growth remains contained - up 1.5% in the year to the March 2021 quarter from 1.5% in the previous quarter. The RBA would be ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
... models, inflation expectations are an important determinant of actual inflation because, in deciding how much to adjust wages for individual jobs and prices of goods and services at a particular time, firms take into account the rate of overall inflation ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... their old jobs are restored, or they find new work." Eco 101 dictates that a less robust labour market would keep a lid on wages and therefore inflation. But this isn't the case for the US as cited in the April Beige Book survey that found "employment ...

Housing market reaches new heights

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... ladder, the continued strength in the market is putting home ownership further out of reach despite record low mortgage rates. Wages growth simply isn't keeping pace," Owen said. The increase in housing values comes following CoreLogic's 2020 Best of ...

Government launches digital economy strategy

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... said. "Greater digital adoption will improve our competitiveness and lift our productivity - driving job creation and higher wages."

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... data confirmed that inflation pressures remain subdued in most parts of the Australian economy. A pick-up in inflation and wages growth is expected, but it is likely to be only gradual and modest. In the central scenario, inflation in underlying terms ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... after jumping to 7.5% in July last year -- its highest level in 22 years. This jobless rate remains insufficient to drive wages higher. Recall the good governor declaring that wages have to grow sustainably by more than 3% for it to be transmitted into ...

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
... (-13.0% from -3.5%) and medical care (-6.7% from -5.7%). This is a perfectly rational response given the persistent decline in wages. While they've improved over the past three months, Japan's average monthly cash earnings remained 0.3% in the ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... board will not increase the cash rate until actual inflation is sustainably within the 2-3% target range. For this to occur, wages growth will have to be materially higher than it is currently. This will require significant gains in employment and a ...

PYSP reunites $4.3bn of lost super

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... in reclaimed super is a terrific outcome for thousands of Australians who have been reunited with their own hard-earned wages," Hume said. "There remains around $13.8 billion in unclaimed super, I encourage all Australians to take a moment to login to ...