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Showing 311 - 320 of 868 results for "Wages"

Flaws in Grattan SG research: Report

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... introduction of superannuation to the present, in the paper titled The relationship between superannuation contributions and wages in Australia, which was commissioned by industry superannuation funds. He found there is no statistical evidence that higher ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... supported by the trend estimates in jobs growth......and continued high underemployment rate which, would maintain pressure on wages growth. Low wages growth equals less consumer spending equals less business revenues and profits equals less need for ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... 5.2% in September from 5.3% in the previous month, it has a long way to go to reach the 4.5%, the level which the RBA deems wages will start to pick up. To be sure, wages growth has improved from a record low of 1.9% in the third quarter of 2016 but ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... said the expected return to trend growth over the next year will help get the unemployment rate down and gradually lift wages. "I don't think it's the right assumption to make that we're going to have a lot more work to do to get inflation back to ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... helped. So too has the record low unemployment rate - 3.8% in the three months to July (lowest since 1974) - which is driving wages growth higher. UK total earnings including bonuses grew by 4.0% in the year to the July quarter - the fastest rate since ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... household spending had been holding up well - retail spending rose by 1.9% in the year to August aided by a 1.9% lift in real wages over the same period or a result of forward purchases ahead of the consumption tax hike, or a bit of both. However, forward ...

Grattan modelling flawed, misleading: ISA

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... there is little evidence to support claims that an increase in super contributions will result in an equivalent reduction in wages. "There is no demonstrated equivalent trade-off between super and wages, and the small potential reduction that could exist ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... mental health in Australia, which it claims costs the economy around $60 billion per year. According to the group, lost wages, decreased productivity and support services related to mental health cost businesses around $13 billion each year. Commissioner ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... the underemployment rate - has increased to 8.6% in August from 8.4% in the previous month. Its negative correlation with wages growth suggest continued weak growth in pay that, in turn, discourage consumer spending and therefore, weaker overall economic ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... in the superannuation guarantee to 12% will go ahead. "They suggest that workers should be able to choose between higher wages and superannuation. When you hear this government using the word 'choice' in any context, you need to be very careful. ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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