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Showing 241 - 250 of 1568 results for "Labour"

Australian corporate debt dwindles: Janus Henderson

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
... Sivapalan said: "Our view is that economic growth within Australia in the very near term is likely to remain strong with labour markets strengthening driven by pent-up economic activity from the pandemic period and deferred consumption." "That said ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
... the lesser discussed issue of inflation psychology has drawn his attention. "There's been a shift in psychology in the labour market. For the past maybe two decades we haven't really had any indexation because people didn't worry too much about what ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs. The minutes stipulated that should expectations of higher inflation become ...

Australian firms spend 3.6bn on financial crimes

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... Japanese banks spend the most per annum ($28.5M) followed by those in Australia, China and India. The report stated that labour in the form of salaries is the single largest cost component due to institutions hiring more compliance staff since 2019. ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... changes since last year's review decision have been the sharp rise in the cost of living and the strengthening of the labour market. "The Panel concluded that given the current strength of the labour market, the increases it had decided to make will ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... inflation projection grew from 2.7% to 5.3% over this same period. "Wage and price pressures will rise given the already tight labour market and the strains on global supply chains, before moderating in 2023," the report said. This same OECD December ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... increase in inflation." "But domestic factors are playing a role too, with capacity constraints in some sectors and the tight labour market contributing to the upward pressure on prices. The floods earlier this year have also affected some prices." Inflation ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... measured as a positive reflection of continued growth in economic activity, but the ACTU highlighted that despite these gains, labour share of GDP hit an all-time low. An ACTU statement said: "Productivity grew 2.8% in the year to March, almost triple ...

US Fed indicates several more half-percentage rate rises

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... tipping the economy into recession." "Of course, a fortuitous mix of productivity gains, unblocked supply chains, increasing labour force participation, financial market resilience and the deft execution of the high-wire act by the central bank could ...

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... to manage their own super funds because of the skill and expertise they have." However, "the early drawdown by certain labour force groups, especially those who have just joined the workforce is not ideal", she added. Akhtar said: "They have not contributed ...