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Showing 241 - 250 of 1269 results for "Labor"

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
... - the non-accelerating inflation rate of unemployment (or "u-star") because of the "muted responsiveness of inflation to labor market tightness". The chart below affirms Powell's statement. US inflation remained muted (below or not much above the ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... U.S. economy was experiencing, strong fiscal policy support would be necessary to encourage expeditious improvements in labor market conditions." Health maybe wealth but in the US of A, wealth -- i.e., more money -- trumps (pun intended) health.

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
There's good news and bad news in the US labour market report for July. First, the good news: The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.8 million in July - more than market expectations for an increase ...

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... most," she tweeted. She followed this up by calling out shadow assistant treasurer and shadow minister for financial services Labor MP Stephen Jones who claimed the Liberal party is opposed to superannuation as a whole. "The Liberal's opposed every single ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
The Labor party has referred the government's Early Release of Superannuation scheme to the Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... Francesco De Ferrari was questioned, with some hostility, by the House of Representative Standing Committee on Economics. Labor MP Andrew Leigh noted during the committee hearing that AMP's share price had slid dramatically since the Royal Commission. ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... BOLR-related cases for mediation on the back of more than 100 complaints, and calls for a review of AMP's behaviour by Labor Senator Deborah O'Neill. It also follows recent comments by AMP chief executive Francesco De Ferrari that the prevalence ...

Pension funds apply pressure on climate change

ELIZABETH MCARTHUR  |  THURSDAY, 23 JUL 2020
... letter was also signed by a number of not for profit organisations and individuals. It comes after the US Department of Labor sought to restrict the rules on how pension funds invest so that they would "not too readily treat ESG factors as economically ...

US considers restricting ESG in pensions

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
The US Department of Labor (DOL) is considering imposing strict rules on how pension funds invest, which could see the scope for ethical and responsible investing limited. The DOL has proposed an amendment to the Employee Retirement Income Security ...

Litigation funding fight heats up

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... that are being vindicated by class actions are decreasing," Mathias said during the hearing. He also accused the Australian Labor Party of creating a desirable legislative environment for litigation funders to operate. Mathias said since 1999 Maurice ...