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Showing 11 - 20 of 182 results for "Wage growth"

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... and lots of further upward pressure on wages growth," he said. "This is fundamental to the RBA view that as long as wage growth remains consistent with their target, they might not have to lift interest rates quite as much." The other print, Bloxham ...

Super a big national advantage: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... outcome." "We're getting very good prices for our commodities on world markets, we have been seeing the beginnings of wage growth as well and that's really important too," he explained. Thirdly, he said, Australia's superannuation system ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
... the result of better than forecast investment performance, contributions that were higher than necessary, long-term wage growth being lower than expected, and a higher rate of members leaving the defined benefit division before their interests full vested ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... that inflation may also be less of a problem in Australia due to energy prices not doubling as we've seen in Europe. Wage growth remaining lower, money tightening by central banks (risking a sharp slowing in global growth and inflationary pressure) as ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... two conflicting forces." To stop these scenarios from materialising, heprescribes increasing labour productivity, wage growth, and wage inflation. This is because if households are working and their wages are growing enough, they should be able to handle ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... population who have significantly reduced their spending, we risk the economy shrinking, in an environment where reduced wage growth, rising inflation and reduced investment returns across many asset classes has placed additional financial pressures ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
... pressure across a broader range of industries and jobs, reflected in increasing sizes of pay rises. Though, annual wage growth varied by industry, from 3.4% for the construction industry to 2.2% for the mining and electricity, gas, water, and waste services ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... As suggested by the latest employment report, the labour market has remained extremely tight, which has supported wage growth. "While the Fed will draw some comfort from todays' inflation report, the fight against high inflation is far from over and ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... remains extremely tight, with the unemployment rate nearing a 50-year low, job vacancies nearing record highs and wage growth elevating. Over the last three months US employment rose by an average of 375,000 jobs per month, down from the averages experienced ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... according to an Australia Institute analysis. While a plethora of market commentary has expressed concern that aggressive wage growth will elevate inflation levels, the analysis said such fears typically ignore the fact that real wage growth is at historically ...