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Showing 11 - 20 of 105 results for "Living standards"

IMF tells Chalmers to curb spending

ELIZA BAVIN  |  FRIDAY, 21 NOV 2025
... plan is all about helping with the cost of living at the same time as we modernise Australia's economy to boost living standards. "The best defence against global volatility and the best way to lift wages and living standards over the long term is with ...

RBA 'alert' to impact of tech on the economy: Bullock

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
... said she is feeling optimistic about the change that technology can bring in terms of productivity and lifting living standards for Australians. "I think most people would agree that there is a great deal of opportunity for innovation and productivity ...

PC recommends switch to digital financial reporting

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
... presenting practical reforms to get Australia back on the path to growth. "The average Australian today enjoys living standards three times higher than the average Australian in the 1960s, due in part to the productivity growth that new technology has ...

Trade war could have positive impact on Aussie GDP: PC

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... to have a relatively small direct effect on us, but the global uncertainty they've brought about could affect living standards in Australia and around the world," PC deputy chair Alex Robson said. "Uncertainty is a handbrake on investment - when businesses ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
... might result in the persistence of higher inflation," the Fair Work Commission said. "The result has been that living standards for employees dependent on modern award wages have been squeezed and the low paid have experienced greater difficulty in meeting ...

Cost-of-living, unaffordable advice fuels financial stress: Surveys

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... "The priority now should be to grow jobs and the incomes of people struggling after a decade of stagnation in living standards. Low unemployment is an opportunity not a risk. Reducing it further will not spark a fresh outbreak of inflation as some have ...

Productivity Commission identifies priority reform areas

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... recommendations in its interim reports. "Boosting productivity is the only sustainable way to improve Australians' living standards, but productivity growth has stagnated in the past decade. It's now at its lowest ebb in 60 years," PC chair Danielle ...

Productivity problem a long-term trend: PC

ELIZA BAVIN  |  THURSDAY, 27 MAR 2025
... addressing productivity directly via targeted reforms will be the best way to sustainably boost Australians' living standards," Robson said. "To that end, the PC is undertaking a program of five inquiries, each focusing on a different pillar related ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... now is that we build on this platform. How we help finish the fight against inflation. How we keep rebuilding living standards. And how we maximise our national advantages to benefit middle Australia. "The plan at the core of this Budget is about more ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... said the tax cuts are a "complete joke," arguing that Australians have already suffered a historic collapse in living standards, worse than anything seen anywhere else in the world. He added that conditions are set to get a "lot worse." "I don't ...