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Showing 331 - 340 of 868 results for "wages"

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... being equal the calculations take into account inflation only. An increase could also result in workers receiving lower wages. With workers' weak bargaining power and employers' unwillingness to give pay rises, Grattan is concerned that wages will only ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... bank announced its first rate cut since August 2016 - governor Philip Lowe declared 4.5% is the unemployment rate at which wages start to lift and feed into inflation. Latest data show Australia's unemployment rate at 5.2% in May; headline CPI inflation ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... from their US dollar earnings when translated back into Australian dollars. A-hiring they will go and perhaps, offer higher wages too. Wait there's more! Australian import-competing industries would also get a bump up as imported goods and services ...

Modern slavery rife across sectors: Fund manager

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... hire companies are some of the "hot spots" where modern-day slavery is rife. Retail is another troublesome sector because wages have not kept pace with CPI, he told a recent media briefing. The Modern Slavery Act 2018 was passed in 29 November 2018 and ...

Super smashes best-performing salaries list

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... spots in SEEK's compilation of the biggest salary falls. Materials handlers in the engineering industry reported that their wages fell by 17% to $103,453.

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... Irene could also forget about asking for a top up on our current salaries. The lead and the positive correlation between wages and the underemployment rate indicate continued tepid (even weaker) wages growth. At this point, I'm not so sure whether ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... to a 45-year low of 3.8% in the first quarter of this year from 3.9% so much so that despite the recent deceleration in wages growth - 3.3% in the year to March from 3.4% in February - they remained at 10-year highs. Wages have been rising faster than ...

SG below 10% fails super objective

HARRISON WORLEY  |  FRIDAY, 7 JUN 2019
... campaign for the SG to be cemented at 9.5% on the basis "higher compulsory super contributions are ultimately funded by lower wages", putting forward the argument that despite wage growth sitting below what it was when previous SG increases occurred ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
... low paid "and to enable them to better meet their needs, by awarding a real increased in the NSW and modern award minimum wages". The Commission noted that while its overall assessment of the living standards of NMW and award-reliant employees recognised ...

Australians retire too wealthy: Grattan

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... population. Daley said: "The fundamental problem with the ASFA standard is that it takes the top 20% of people and inflates wages once you retire." "Because it's designed for the top 20%, by definition, if 50% are going to get there, then 30% of ...