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Showing 311 - 320 of 826 results for "Labour Market"

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... Budget's assumptions on wages might be a little bit optimistic, even given the "expected" improvement in the domestic labour market based on what's currently happening in the US (3.9% unemployment rate and still tame wages growth). The Budget predicts ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... "preferably lower", stick to its 12% SG plan, and commission an enquiry into the impact that potential changes in the labour market like the "gig economy" would have on tax revenue, superannuation, life insurance, and retirement savings. It wants the ...

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... 2017 Budget papers. The hope, of course, is that the Australian government's generosity would generate a stronger labour market, stronger consumer spending and business investment that would further raise government revenues and voila, we have ourselves ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
... May 1-2 FOMC meeting, there'll certainly be a lively debate regarding inflation. The US economic momentum, tight labour market, buoyant consumer spending, tax cuts, tax on imports (steel and aluminium) and the recent surge in oil prices all point to ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... monetary policy decision - it's half of the central bank's dual mandate (inflation and employment growth - the domestic labour market's direction is a crucial indicator that would determine policy direction. But the volatility of the monthly changes ...

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
... positive..." On inflation, "upward wage pressures persisted but generally did not escalate" in spite of the tight labour market and labour shortages in high skill positions. But perhaps not for long. The "book" reveals that "there were widespread reports ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... up to 2.7% from 2.5%; PPI less food and energy and trade services, rose by 2.9% from 2.7%. The strength in the US labour market would make it easier for producers and importers to pass on these higher prices onto consumers. Ben Ong is the Director of ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... 2.7%) - both measures remain above the BOE's 2% target that would gain more upward pressure given the UK's strong labour market dynamics - low unemployment and rising wages (up 2.8% in the year to the January quarter which is the fastest rate since the ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
... in the prior two months, that was followed by falls of 0.3% in February and 0.1% in March 2017). The Australian labour market is indeed improving but until there's a meaningful lift in wages and reduction in household debt (not to mention the negative ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
Looking at the Australian Bureau of Statistics' (ABS) latest update on the country's labour market, one couldn't help but exclaim that it was a wonderful set of (seasonally adjusted) numbers. The economy added another 17,500 jobs in February following ...