Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 241 - 250 of 1722 results for "Unemployment"

Tasmania remains best performing state: CommSec

ANNABELLE DICKSON  |  MONDAY, 26 OCT 2020
... state and territory using eight key indicators, including economic growth, retail spending, equipment investment, unemployment, construction work done, population growth, housing finance and dwelling commencements. Tasmania ranked first on relative population ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in September from 6.8% in the previous month and the underemployment rate ticked up to 11.4% from ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... committed to do what it can to support jobs, incomes and businesses in Australia", "views addressing the high rate of unemployment as an important national priority" and therefore, "will maintain highly accommodative policy settings as long as is required ...

Women focus in Labor budget reply

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... business investment going backwards, a doubling of debt," he said. "Now they are cutting wage subsidies, slashing unemployment benefits back and have no plan for childcare, aged care or social housing." Labor has also proposed the removal of the annual ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... 2021/22 and continued positive growth thereafter. This is also predicated on the Treasury's forecasts that the unemployment rate would steadily come down from 7.25% in 2020/21 to 6.5% in 2021/22 to 6.0% in 2022/23 and 5.5% in 2023/24. To be sure ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... "That's one trillion dollars of debt but millions of Australians left behind, including 928,000 people aged over 35 on unemployment benefits deliberately excluded from hiring subsidies. One trillion dollars of debt, a track record of no delivery and ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... that spending will decrease to the $200 billion level in 2021-2022. The government's economic modelling expects unemployment to peak at around 8% in the December quarter of this year, before falling over the next few years as the economy recovers. ...

Australia world class in retirement wellbeing

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... in the middle of all GRI countries for Material Wellbeing, which measures income equality, income per capita and unemployment. Natixis chief executive Jean Raby said: "Individuals, employers, institutions, policymakers and asset managers all have an ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
... increased by 111,000 people in August 2020, with: - the number of unemployed people decreasing by 86,500 people; - the unemployment rate decreasing by 0.7 percentage points (pts) to 6.8%; - the underemployment rate remaining at 11.2%; - the underutilisation ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... years - 4% versus 5% in 2021 and 3% from 3.5% in 2022 before expanding by 2.5% in 2023. The Fed also upgraded its unemployment rate predictions to 7.6% this year (from 9.3% forecast in June), 5.5% (from 6.5%) next year, and 4.6% (from 5.5%) in 2022 and ...