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Showing 11 - 20 of 25 results for "Lower wages"

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... In a new research paper, Grattan claims workers "overwhelmingly" pay for increases to the super guarantee through lower wages. According to the institute's new No free lunch report, higher super translates to lower wages. Using administrative data from ...

Flaws in Grattan SG research: Report

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... superannuation funds. He found there is no statistical evidence that higher SG contributions would automatically lead to lower wages and hence be self-defeating. "The research refutes claims made by some commentators and lobbyists that higher superannuation ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... being equal the calculations take into account inflation only. An increase could also result in workers receiving lower wages. With workers' weak bargaining power and employers' unwillingness to give pay rises, Grattan is concerned that wages will only ...

SG below 10% fails super objective

HARRISON WORLEY  |  FRIDAY, 7 JUN 2019
... campaign for the SG to be cemented at 9.5% on the basis "higher compulsory super contributions are ultimately funded by lower wages", putting forward the argument that despite wage growth sitting below what it was when previous SG increases occurred ...

ASFA slams Grattan's super proposals

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
... is no magic pudding when it comes to superannuation. Higher compulsory super contributions are ultimately funded by lower wages, which means lower living standards for workers today," the paper said. Further, increasing it will deliver little in the ...

Surefire Melbourne Cup bet

BENJAMIN ONG  |  MONDAY, 30 OCT 2017
... for, more hours of work than they currently have" - suggesting that there are still workers a-plenty who would accept lower wages if offered "more hours of work than they currently have". Want a sure bet? Bet that the RBA wouldn't raise interest rates ...

Not showing: inflation

BENJAMIN ONG  |  MONDAY, 24 JUL 2017
... consumption and investment now - prices will be the same or lower tomorrow anyway - lower measured inflation results in lower wages because most pay hikes are indexed to inflation which, in turn, sours consumer spending. The chart below shows that most ...

First Super halts private equity investments

ALEX BURKE  |  MONDAY, 10 APR 2017
... extremely concerned at exposure to investment risk through companies that have enterprise agreements in place which have lower wages and conditions than what is contained in the relevant modern award," he added. "Businesses based on unsustainable labour ...

Super guarantee of 12pct a mistake

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
... "no magic pudding" when it comes to super, noting higher compulsory contributions will be ultimately be funded by lower wages, which would translate to lower living standards for workers. "If we project forward the retirement income for a median income ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2016
US consumer confidence The Conference Board's consumer confidence index jumped to 104.1 in September from an upwardly revised 101.8 in the previous month. This is better than consensus expectations for a dip to 99.0 and is the highest level since the ...