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

Search Results

Showing 261 - 270 of 825 results for "Labour market"

Australia back in the black

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... said. The Government expects employment growth to stay solid. "The unemployment rate has declined to 4.9%. Youth labour market outcomes have also improved recently," Budget documents read. "As spare capacity in the labour market continues to be reduced ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... credence to RBA Governor Philip Lowe's statement following the board's meeting of 5 March 2019: "The Australian labour market remains strong. There has been a significant increase in employment and the unemployment rate is at 5 per cent. A further ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... deterioration of the domestic economy. In fact, the March RBA statement remains filled with optimism: "The Australian labour market remains strong."; "The central scenario is still for the Australian economy to grow by around 3% this year." Note: It ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
... participation rate to 65.7% in January from 65.6% in the previous month (an indication of workers' optimism over the labour market). But while it looks like Bill may have put his foot in his mouth in the latest "seasonally adjusted" labour market ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... dated 30 January, and with matching pictures. It appears that the RBA continues to hitch its star on the improving labour market and its impact on wages. "The outlook for the labor market remains positive. The unemployment rate is 5%, the lowest in six ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... RBA's inflation target since the March quarter of 2016. Sure, the economy has made great strides with regards to the labour market - the unemployment rate at 5% is near seven year lows - but wages growth remains stagnant. Add to these, the headwinds ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... from AMP Capital and ISA. He expects the RBA's next move will be a hike, coming later in the year. "While the labour market continues to be strong, the housing market remains weak. Recent oil price recovery and upcoming elections in May are seen ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
... Roll out the barrels... the barrels of fun! The Australian Bureau of Statistics' (ABS) latest tracking of the labour market shows that we've got jobs and they're multiplying. Total employment grew by a greater-than-expected 21,600 in the ...

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... nearly 70% of America's GDP (versus exports' about 12% contribution). Sure, the continued strength in the US labour market and the boost to personal income (due to the tax cuts) should provide US consumers the wherewithal to keep on shopping. ...

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
... collateral. This put at risk the optimism over Australia's economic growth and continued improvement in the labour market. And we haven't have had the full impact of the likely further crunch in home lending from the Royal Banking Commission ...