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

Search Results

Showing 11 - 20 of 1429 results for "Labour"

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... changed," he said. "We believe AI will be the key driver of equity markets over the next decade, significantly impacting the labour market, productivity and sector concentration, as well as margins and free cash flow generation."

Economists share their top left field ideas for 2024

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2024
... think more importantly for this story is its time dependency. If we get rid of these zombies over five years, given the labour shortages and other economic factors, then I think this will be a very positive thing, particularly for productivity," Hogan ...

BlackRock appoints Aussie head, builds out NZ business

CHLOE WALKER  |  THURSDAY, 8 FEB 2024
... hire an independent head of New Zealand. Its $2 billion New Zealand climate investment fund, announced by the previous Labour government in August 2023, is expected to make its first investments in early 2024. "Irrespective of government, we see this ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... midpoint in 2026," Bullock said. "Services price inflation is expected to decline gradually as demand moderates and growth in labour and non-labour costs eases. Employment is expected to continue to grow moderately and the unemployment rate and the broader ...

First Nations Groups launch scholarship for Indigenous women in financial services

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... in their families and communities as leaders, nurturers and knowledge holders. However, they are less represented in the labour force and are even more underrepresented in professions such as finance and economics," she explained. "By creating more opportunities ...

Agricultural sector in for a mixed 2024: Outlook

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... driven by high gas prices, volatile oil production and a low Australian dollar," Rural Bank said. The cost of seasonal labour will also remain high, driven by the low unemployment rate and minimum wage awards. "A more favourable economic environment ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... the current cash rate is necessary to evaluate the impact of the interest rate increases on demand, inflation, and the labour market. "The board remains resolute in its determination to return inflation to target and will do what is necessary to achieve ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... price increases," she said. "The cost of these services is also typically driven by the price of domestic inputs, since labour and domestic non-labour costs comprise most of the inputs used in supplying them." This is playing out against a backdrop of ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... growth in productivity over several years, Bullock worries that this will contribute to rising costs. "We know that unit labour costs as measured in the last few years, have been rising quite substantially - 6%-8% - depending on how you might measure ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... since the March quarter of 2009. Speaking to Financial Standard, Mousina said the noticeable increase resulted from a tight labour market and the Fair Work Commission's decision to uplift the minimum award wage significantly. "The unemployment rate ...