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Showing 21 - 30 of 741 results for "Labour market"

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... suggesting that the Reserve Bank of Australia (RBA) probably needs to hike rates again," Mousina said. Australia's labour market remains tight, with the unemployment rate near its lowest level in nearly 50 years and there are still a significant number ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
... same and that was reflected somewhat in the figures. While not everyone will get what they want, she said a tight labour market means employers need to oblige to some extent. Meanwhile, the rapid interest rate increases have shifted the likelihood of ...

Federal Reserve holds rates steady

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... goals. The Committee's assessments will take into account a wide range of information, including readings on labour market conditions, inflation pressures and inflation expectations, and financial and international developments." Of note, while the ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... recent falls in retail sales and building approvals suggest weakening growth; the April jobs numbers suggested the labour market is loosening; the Q1 wages figures showed no signs of a prices-wages spiral; much of the effect of the tightening already ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... the opportunities this partnership provides, not just in the exchange of goods and services, but also in enhancing labour market access between the two countries."

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... well below the 1.5% of GDP FY23 deficit forecast in the October 2022 budget due to robust revenue from a strong labour market and buoyant commodity prices, combined with spending restraint." Fitch also weighed in on the Reserve Bank of Australia's (RBA) ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... annually. ABS acting head of prices statistics Leigh Merrington said the results reflect low unemployment, a tight labour market and high inflation. "Wage outcomes over the March quarter 2023 saw a continued lift in the share of jobs receiving wage rises ...

PensionDanmark selects future chief executive

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2023
... He will bring unique experience from the management of significant public institutions across economy, finance, labour market and welfare," the fund's chair Lars Sandahl Sørensen said. "Peter Stensgaard Mørch is a capacity on both a professional, leadership ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... Although it's a close call this bolsters the case along with increasing evidence of slowing growth and a cooling labour market for the RBA to leave rates on hold in May ahead of an eventual cut in rates to support struggling economic growth from later ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... expects the RBA to increase rates by 25 basis points at its next meeting. "The RBA is clinging to the hope that the labour market will begin to soften this year as higher interest rates start to impact demand, in turn contributing to a higher unemployment ...