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Showing 301 - 310 of 868 results for "wages"

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... people of what is going on, Australians were already adjusting their spending to the reality of a combination of subdued wages growth, the fall in housing prices and high debt levels," Lowe said. "Consumer confidence and monetary policy were both responding ...

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 ...

Millennials not attracted to property

ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
... parents gained from property. "Given the current high level of Australian house prices relative to incomes, without higher wages growth it is difficult to see the recovery in house prices seen over the last six months of 2019 being sustained over the ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
... expansion will continue to be supported by favourable financing conditions, further employment gains in conjunction with rising wages, the mildly expansionary euro area fiscal stance and the ongoing - albeit somewhat slower - growth in global activity." ...

Opt-out super to hit workers: ISA

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
... ISA's latest analysis, low-income workers in New South Wales who chose to take their superannuation guarantee entitlement as wages instead of super would be whacked with an extra $1.3 billion in tax each year. With wages taxed at a higher rate than super ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
... 3.6% (compared with the latest reading of 1.7%); headline inflation at 2.9% (1.7%); the unemployment rate at 4.6% (5.2%); wages growth at 4.1% (2.2%); and, retail spending at 6.8% (3.3%). The Australian equity market (pre-GFC) rallied on strong economic ...

VanEck launches new income product

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... persist in Australia given household consumption will remain subdued. Household income per capita is not increasing and wages growth remains very low, reflecting lackluster household spending," Neiron said. "Combining all of these factors, we are likely ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... spree. As at the September 2019 quarter, household debt to disposable income was tracked at 187.0%. Especially not when wages growth remains stagnant - the annual pace of growth in wages slowed to 2.2% in the September 2019 quarter from 2.3% in the previous ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
... expansion will continue to be supported by favourable financing conditions, further employment gains in conjunction with rising wages, the mildly expansionary euro area fiscal stance and the ongoing - albeit somewhat slower - growth in global activity." ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... lower in the future anyway. There's also that Catch-22 situation where consumer spending won't accelerate because wages growth remain lacklustre but businesses aren't able to increase pay packets because their profits are tempered (even reduced) ...