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Showing 251 - 260 of 825 results for "Labour market"

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... into June deliberations. "At that meeting, we discussed a scenario in which there was no further improvement in the labour market and the unemployment rate remained around the 5% mark. In this scenario, we judged that inflation was likely to remain low ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... It told us so at its May board meeting, stating: "The board will be paying close attention to developments in the labour market at its upcoming meetings." The Australian Financial Review (AFR) writes: "Market pricing for an interest rate cut in June ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... below-target inflation as its forward guidance suggests, "the Board will be paying close attention to developments in the labour market at its upcoming meetings". We'll get the latest update on the state of the country's labour market later today. ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
... and trade war concerns has negatively impacted New Zealand's economy. Just like Australia, New Zealand's labour market remains strong. The country's unemployment rate has trended lower since the 6.7% high recorded in the third quarter of ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
... guidance. After acknowledging in its April meeting that "the GDP data paints a softer picture of the economy than do the labour market data. GDP rose by just 0.2 per cent in the December quarter to be 2.3 per cent higher over 2018", the Australian central ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... reverse the slowing momentum in most global economies. "The GDP data paint a softer picture of the economy than do the labour market data. GDP rose by just 0.2 per cent in the December quarter to be 2.3 per cent higher over 2018." Employment growth remains ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
... information" argues for a resumption of the Fed's normalisation campaign - barring exogenous shocks, of course. Labour market conditions are solid and strong. While measured inflation remains below target, note the Fed started raising interest rates ...

Superannuation gender gap hits women early

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... study found encouraging women to save more is ineffective. "Our study provides clear evidence of the Australian labour market generating a statistically significant economic disadvantage for women over time," she said. Moulang recommends continuing to ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
... highs while those thinking that " "jobs were hard to get" (also within 18-year lows). Needless to say, these strong labour market indications argue against Trump and Kudlow's prescriptions. The rising divergence between inflation and employment is ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... through to government revenues. However, the Treasury's optimistic outlook on wages does not compute with its labour market forecasts whereby the unemployment rate flattens at 5.0% over the next three years and employment growth weakens from an annual ...