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Showing 351 - 360 of 868 results for "Wages"

Chief economist update: Breaking up is hard to do

BENJAMIN ONG  |  THURSDAY, 14 MAR 2019
... sterling (resulting from the June 2016 vote) has returned to the BOE's 2.0% inflation target - despite accelerating wages growth. So much so, it allowed the BOE to raise interest rates twice since the Brexit referendum - a 25 bps increase in the ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
... Household consumption growth eased to 2% in the year to the December quarter from 2.5% in September and 2.9% in June. Stagnant wages growth, declining disposable income - down to 2% in the year to the Q4 - the fifth straight quarter of decline - from ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
... weakening in the domestic labour market - total and full-time. It's also consistent with the persistent sluggish growth in wages the ABS reported only yesterday. I was going to contest Bill's two rate cuts this year - I only recommended for the ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... strategies) and/or start thinking about easing. The race to zero is back? But that aside, the latest update on Australian wages compels the RBA to provide some policy support. The Australian Bureau of Statistics (ABS) reported that wages growth remained ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... underpinned by low unemployment rate - down to 2.4% in December from 2.5% in the previous month - and more importantly, rising wages - up by 1.8% in the year to December from 1.7% in November and 1.5% in October. The drop in the headline CPI inflation ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... other middle-class workers in the UK, US, Europe and Japan, he said. That competition is going to go away and middle-class wages may indeed be the next bull market, Baur said. Further, Baur forecasted the current state of the economy to be the longest ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... matching pictures. It appears that the RBA continues to hitch its star on the improving labour market and its impact on wages. "The outlook for the labor market remains positive. The unemployment rate is 5%, the lowest in six years. With the economy ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... economy has made great strides with regards to the labour market - the unemployment rate at 5% is near seven year lows - but wages growth remains stagnant. Add to these, the headwinds emanating from abroad - trade conflict, slowing growth in the global ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... creation of full-time jobs. This, along with the still high level of under-employment, ensures continued sluggish growth in wages. Ergo, Australian consumers would need to fund their spending by continuing to dip into their savings. But the record high ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... Australian fixed income team, thinks the RBA is likely to hold rates at neutral until it sees signs of a sustainable lift in wages. "There is no doubt that there was a slowing in global and domestic growth over the latter part of 2018, but it appears ...