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

Search Results

Showing 291 - 300 of 868 results for "Wages"

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... GFC, but it appears, not this time. Most governments all over the world are underwriting rents, mortgages, business costs, wages, etc. Sure, this would limit the downdraft from the virtual freezing in economic activity, but it'll be impotent in lifting ...

deVere launches global contactless advice offering

HARRISON WORLEY  |  WEDNESDAY, 18 MAR 2020
... recession. As always, new industries will emerge and, of course, there will be winners and losers in terms of sectors, jobs and wages - and this will, naturally, directly impact people's finances." Green also pointed out a future era of negative ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... imports and a 0.4% decline in exports. That was bad then...and that was before coronaphobia. Recent reports that Japanese real wages rose by 0.7% in January - the first increase in four months - or 2.8% year-on-year would have provided a positive impetus ...

ANU to help determine fate of SG increase

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
Australian National University (ANU) has been selected by the Morrison government to analyse whether wages will be harmed if the superannuation guarantee is increased to 12%. Robb Preston, manager of Treasury's retirement income policy division, told ...

ISA takes swipe at Grattan

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
... Institute rejected ISA's modelling saying its research assumes only 70% of the cost of higher compulsory super comes from lower wages. "Grattan's research shows that at least 80% of the cost of compulsory super comes via lower wages within two to three ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... full employment. In addition, the underemployment rate increased to 8.6% from 8.1% in December, suggesting that the flat wages growth seen in the December 2019 quarter would remain flat going forward, at best. More likely, and unless the lag from the ...

Labor stands by super

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
... superannuation guarantee to 12% by 2025," he said. "With economic growth and productivity you can have both higher super and higher wages. Having established the universal superannuation system we will not stand by and see it chipped away. "We want to ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... takin' and no givin'..." - Dolly Parton The Australian Bureau of Statistics' (ABS) latest update on the growth of wages among the country's workers is that it's not. The Statistician's "Wage Price Index" report showed total wages ...

Surplus may not be as advertised: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
... Curve states that inflation and unemployment have a stable and inverse relationship. Yet, despite unemployment being low, wages are not being driven higher. Wood pointed out that older people, especially older women, are participating much more in the ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... therefore your consumption doesn't move." RBA assistant governor Luci Ellis said the bank was forecasting WPI-base cash wages would grow "a bit slower than they otherwise would," as a result of the scheduled increase to SG. "Given that wages growth ...