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Showing 331 - 340 of 1568 results for "Labour"

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... to be materially higher than it is currently. This will require significant gains in employment and a return to a tight labour market. The board does not expect these conditions to be met until 2024 at the earliest." Perhaps, by then, Australia's ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... than a week before the country celebrates its day, the National Statistician released its latest survey of the domestic labour market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." The Australian Bureau of Statistics' ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... levels by early December 2020, according to figures released by the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said early to mid-December is a seasonal peak for jobs each year, and the latest data showed payroll ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... employee would accumulate approximately $3700 in employer-contributed super in one year. This is because under current labour force regulations, most gig economy workers are likely to be classified as independent contractors. Gig economy workers therefore ...

Super lifting retirees' financial wellbeing: HILDA

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
... stress, but this is creating greater income inequality, the 2020 HILDA survey found. Research from the Household, Income and Labour Dynamics in Australia Institute found that the mean wealth of retirees grew by 79% and median wealth grew by 85.2% between ...

JobKeeper saved 700,000 jobs: RBA

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... suggests that wage subsidies, if maintained too long, can have adverse effects on incentives and impede the reallocation of labour," it said.

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... paying off a mortgage increased from 52 in 1981 to 62 in 2016, according to CEPAR. "Indebtedness increases the likelihood of labour market participation, meaning households with mortgage debt at older ages are more likely to continue working," it said. ...

Frydenberg unveils Retirement Income Review

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... 1 July 2025, it is slated to reach 12%. The coronavirus has sent shock waves that have impacted wages, the economy, and labour markets, he said, adding that the government needs to make a decision on whether on not to increase based on the economic facts ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
... recovery is gaining momentum," Treasurer Josh Frydenberg said. Frydenberg was, of course, referring to the wonderful set of labour market numbers released by the ABS. The ABS reported that 178,800 workers found employment in October - a pleasant surprise ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
Asset management heavyweights are urging the nation's top 100 companies to take modern-day slavery and labour exploitation seriously by lifting the hood on their supply chains. The Investors Against Slavery and Trafficking (IAST) APAC, a newly-formed ...