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Showing 251 - 260 of 868 results for "Wages"

SG verdict: Choose your own adventure

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... career. However, the report concludes that SG staying at 9.5% would mean that people keep more of their total remuneration as wages instead of SG contributions. It puts this at 2% higher working-life incomes, giving them "higher living standard in working ...

Frydenberg unveils Retirement Income Review

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... to 10% on 1 July 2021. On 1 July 2025, it is slated to reach 12%. The coronavirus has sent shock waves that have impacted wages, the economy, and labour markets, he said, adding that the government needs to make a decision on whether on not to increase ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
While many have seen their wages stagnate, or even drop, this year the latest figures from the Australian Bureau Statistics (ABS) shows wages are up slightly from last year. "The September quarter is generally a quarter of solid wage growth, however ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... be around 6%. This extended period of high unemployment and excess capacity is expected to result in subdued increases in wages and prices over coming years. In underlying terms, inflation is forecast to be 1% in 2021 and 11/2 per cent in 2022. In the ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
Industry Super Australia has hit out at arguments that wages will increase if the planned superannuation guarantee rise is delayed. ISA said the evidence that ditching the SG rise will not help wages can be seen from the last time it was cut in 2014. ...

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... to access up to $20,000. India allowed partial withdrawals for COVID-19 treatment, which did not exceed three months of wages and allowances. Peruvians were permitted to withdraw up to 25% of their savings accounts, with a limit of 12,900 soles ($508 ...

Women focus in Labor budget reply

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... Frydenberg's budget has left Australians behind. "Our economy was already struggling coming into the crisis. Slow growth, flat wages, declining productivity, business investment going backwards, a doubling of debt," he said. "Now they are cutting wage ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... corporations like McDonalds will be rubbing their hands together. Instead we need a job guarantee for young people, with decent wages and secure work."

No evidence lower SG will result in higher wages: ACTU summit

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
... ACTU Emergency Super Summit. Executive director at Per Capita, Emma Dawson said indication that a lower SG will help build wages growth is fundamentally incorrect. "The last time the SG rise was frozen in 2014, the average worker lost over $4300 in super ...

Need to recalibrate the fiscal strategy: Frydenberg

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... expect when the budget is revealed next month, Frydenberg said income taxes will grow more slowly, reflecting a smaller wages bill, corporate taxes will also grow more slowly, reflecting lower profits and economic activity and, consistent with previous ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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