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Showing 361 - 370 of 868 results for "wages"

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
... mouth after all. At the time, my guess was premised on the persistent weakness in consumer spending - due to lacklustre wages growth and high household debt levels - and the deterioration in international trade, driven by Trump's war on trade and ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... itself, given the on-going uncertainty surrounding the Sino-US trade war and the slowing Chinese economy. Rising Japanese wages indicate continued expansion/recovery. Total average cash earnings growth accelerated to 2% in the year to November from 1.5% ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... to account for increases in the costs of delivering a service," Illidge explained. "There would be immediate pressure on wages and it would be a huge impost to the government but it would work out in the end." However, Optimum Pensions managing director ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... inflation stood at 2.2% over the same month. The positive correlation between these two measures and the lead from rising wages - average hourly earnings rose by 3.2% year-on-year in December (the fastest rate since April 2009) - supports the Fed's statement ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... household income remains low, debt levels are high and some asset prices have declined." "Growth in household income low." While wages increased by 2.3% in the year to the September quarter (from 2.1% in the second) - this represents just half of the ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG  |  MONDAY, 10 DEC 2018
... employment report. A big takeaway from the report remained the inability of good job growth to drive a notable improvement in wages. WSJ ("US Hiring Figures Reveal Sweet Spot for Economy") discussed how economic output on track for a third straight quarter ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... quarter. Whatever growth in consumer spending is there is due to households dipping into their savings......because growth in wages continue to be lacklustre. Stagnant wages growth and the negative wealth effect from falling equity and property prices ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... household income remains low, debt levels are high and some asset prices have declined." "Growth in household income low." While wages increased by 2.3% in the year to the September quarter (from 2.1% in the second) - this represents just half of the ...

Chief economist update: The angel in the capex details

BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
... melting emerging markets, Brexit, wobbly share markets and on the domestic front, record high household debt levels, stagnant wages growth, declining property prices and weak consumer spending. The rise in capex expectations could be linked to the NAB ...

Royal Commission on social media: Executives grilled

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
... Commission revealed the remuneration practices in Australia's largest financial services companies. As customers were gouged & wages suppressed, the former head of CommBank Mr Narev collected $43 million over seven years. Proving excessive executive ...