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Showing 281 - 290 of 868 results for "wages"

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... said. However, household cash flow should increase in the second and third quarter, it said, thanks to better than expected wages data, the fiscal boost from JobKeeper, early withdrawals from superannuation and more deferred interest payments on debt. ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... lead from the surge in the underemployment rate to a record high 13.7% in April. Its lead and negative correlation with wages - up 2.1% in the year to the March 2020 quarter -- indicates more pay cuts ahead (of up to 2.5% year-on-year). Under current ...

Road to recovery

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... what anyone would think. "The amount of government benefits flowing into CBA accounts is more than offsetting the loss from wages and salaries," she said. "The numbers are staggering. The combination of the increase in the JobSeeker, the increased eligibility ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... government's scheme will so far put at least a $9 billion strain on Australia's super sector, as members, coming to terms with lost wages and livelihoods, draw down on their retirement savings to weather the economic crisis. And with super funds needing ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
COVID-19 will shave off more than $3.5 billion from the banking and finance industry in lost wages and profits in the four months to July, according to Deloitte Access Economics. Deloitte Access Economics Partners partner Chris Richardson estimates ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
... products and services; businesses are no longer engaging in discounting to improve market share; workers and pensioners (whose wages and pensions are indexed to the CPI would be getting more); and, in macroeconomic sense, the threat of low inflation ...

Adequacy argument headlines online CMSF

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... scheduled to release its final report, in June. Per Capita's Emma Dawson said arguments about the relationship between super and wages were the wrong argument to have, and added Australia has a problem with wage growth. "It is not one caused by super," ...

Recruitment, salaries slide in financial services

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... government's action in shutting down industries. A poll of Australian LinkedIn users found that 36% had experienced a drop in wages or salaries and that 52% have reduced personal spending since the crisis took hold.

BlackRock bullish on China

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... urbanisation trend is another catalyst as one-third of China's population remains rural and migration to cities implies higher wages and spending," they said. "We also see a boost in healthcare from domestic spending and manufacturing scale and efficiencies ...

ACTU pokes holes in JobKeeper

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... and Australia's business groups had been working together over the past few weeks to call on the government to subsidies wages to the tune of at least 80%, to ensure Australians were employed even in the face of the strict self-isolation requirements ...