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| | ... Moreover, these managers were found to "serve more firms," indicative that they have greater bargaining power in the labour market. Interestingly, they also tend to gravitate toward smaller fund companies. "The reason behind this phenomenon could be ... |
| | | ... next week." Rather, he said the RBA is likely to wait for the official quarterly CPI due on October 25 and the next labour market print due on October 19. "However, today's inflation print highlights some risks, and we cannot rule out the chance ... |
| | | ... year is also expected to fall short of estimates. The Committee also observed "further signs of a loosening in the labour market," although conditions remain tight by historical standards. The ratio of job vacancies to unemployment has been on a downward ... |
| | | ... achieved on average, it does mean that inflation is likely to be more variable around that target." Addressing the labour market, Lowe explained that when he assumed the role of governor in 2016, the unemployment rate stood between 5.5% to 6%, a far ... |
| | | ... While the recent pause may have caused temporary relief, the RBA warned that despite inflation passing its peak, the labour market remained tight and future hikes are not off the table. "Some further tightening of monetary policy may be required to ensure ... |
| | | ... Weak household consumption and dwelling investments are some of the forces dampening activity. "Conditions in the labour market remain very tight, although they have eased a little. Job vacancies and advertisements are still at very high levels, although ... |
| | | ... doesn't work for anyone. In particular, without price stability we will not achieve a sustained period of strong labour market conditions that benefit all." Starting from early last year, the Federal Open Market Committee (FOMC) has maintained a firm ... |
| | | ... betting on easing of price pressures in the near term." Chesler explained the RBA is "clinging" to hopes that the labour market will begin to soften over the second half of the year. "The case for raising the cash rate in August remains based on the ... |
| | | ... global recession, as well as geopolitical and climate woes. Newly released ABS figures show that Australia's labour market remained strong in June, adding more than 33,000 jobs. While the participation rate edged down month on month by 0.1% to 66.8% ... |
| | | ... risk that the wider effects on inflation had not been fully captured." Further, the RBA drew attention to the tight labour market. "While nominal wages growth appeared to have stabilised recently, members assessed that the environment would remain conducive ... |
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