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Showing 231 - 240 of 868 results for "Wages"

Business investment slow to click into gear: Lowe

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... production," Lowe said. "Stronger investment would also support a more productive workforce and a lift in both nominal and real wages." Unfortunately, Lowe said, the central bank's hands are tied as there is not much it can do to boost business investment ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... earliest" when the RBA expects "significant gains in employment and a return to a tight labour market" to materially lift wages.

Shock statistics on gender gap on boards

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... nation settles into a new post-COVID-19 employment environment. As the nation's recovery progresses, we may well see male wages increase with little or no positive improvement in the wages of women. If this happens, it is feasible that the gender pay ...

Possible delay for SG rise: Hume

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
... government has to consider the implications of compelling Australians to sacrifice more during their working lives by forgoing wages that could be used to pay off a home, just to have a larger balance at retirement. "The Prime Minister noted the planned ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... "December quarter's moderate growth was influenced by businesses rolling back short-term wage reductions, returning wages to pre-COVID levels. The phased implementation of the Fair Work Commission annual wage review also had a small positive impact ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... at 6.3% as at January 2021 remains far above the 50-year low 3.5% before covid-19, not enough to put upward pressure on wages and, by extension, inflation. Throwing so much greenbacks at the pandemic problem helps restore the economy back to normal with ...

SG rise a bad idea: Chartered Accountants

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... employee superannuation contributions often correlated to a slowing of any potential increases to employee salaries and wages. While Negline believes the SG should rise eventually, he said right now increasing it would be focussing "on the very pointy ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... from their retirement savings, would also add $20,000 to the tax bill of an Australian couple on average earnings, because wages are taxed at a higher rate than super contributions." Industry Super Australia deputy chief Matthew Linden said dumping the ...

Workers being offered nothing: Keating

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
... workers are being offered nothing in return for accepting less in retirement savings. "I don't see any chance of real wages growth for the foreseeable future," Keating said. He argued that the increase to SG should not be seen as coming for wages ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... threshold from $37,000 to $45,000 as both pay a similar tax rate on superannuation contributions to the marginal tax they pay on wages. ASFA said that it is important that workers in this salary category are not penalised for contributing to their retirement. ...