Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 391 - 400 of 1723 results for "Unemployment"

Climate change to damage returns: Report

ELIZA BAVIN  |  THURSDAY, 26 SEP 2019
... result in lower superannuation contributions and investment returns due to "increased periods of under-employment or unemployment, driven by economies around the world transitioning to net zero emissions and/or a higher frequency of natural disasters". ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
... nevertheless likely that an extended period of low interest rates will be required in Australia to make progress in reducing unemployment and achieving more assured progress towards the inflation target," he said. "The board is prepared to ease monetary ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... than three times market expectations for a 10,000 gain and an equally strong 36,400 added in the previous month. The unemployment rate ticked up to 5.3% from 5.2% in July but this could be discounted as due to the increase in the participation rate from ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... tad higher to 2.2% (from 2.1% in the June projections), the Fed still sees the economy growing at 2.0% in 2020. The unemployment rate is predicted to be at 3.7% (from 3.6% forecast in June) this year and the next. PCE price inflation forecasts were untouched ...

NAB launches team for vulnerable customers

KRISTI CHENG  |  TUESDAY, 17 SEP 2019
... the bank assisted 1.4 million customers every year that experienced financial difficulty due to injury, illness and unemployment. "This Support Hub enables us to be more proactive by identifying hurdles our customers are experiencing and providing them ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... stabilisation in the Australian property market (if it persists) plus the tax cuts plus lower interest rates plus still low unemployment (albeit, lacklustre wage growth) should strengthen household spending going forward. I for investment. Reduced borrowing ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... to expect that an extended period of low interest rates will be required in Australia to make progress in reducing unemployment and achieve more assured progress towards the inflation target. The Board will continue to monitor developments, including ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... 3.1% -- but it's the UK economy that's still responding to the dictates of Economics 101. The UK's low unemployment rate - 3.9% in June - is lifting wages. Average weekly earnings (excluding bonuses) grew by 3.9% in the year to June. This ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... the black - backed by assumptions that GDP would grow by 2.75% (1.8% in the year to the March 2019 quarter); the unemployment rates at 5.0% (5.2% in July 2019); CPI inflation at 2.25% (1.6% in the March 2019 quarter); and, wages growth of 2.75% (2.3% ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... economy continued to be in a good place, bolstered by confident consumers, a strong job market, and a low rate of unemployment. These participants acknowledged that there were lingering risks and uncertainties about the global economy in general, and ...