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Showing 401 - 410 of 868 results for "Wages"

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
... debt levels are high." "Employment has grown strongly over the past year, although growth has slowed over recent months...Wages growth remains low. This is likely to continue for a while yet, although the stronger economy should see some lift in wages ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... personal income should also help raise company revenues. This should partially partly offset continued stagnant growth in wages - the Wage Price Index (WPI) increased by 2.1% in the year to the March 2018 quarter, unchanged similar growth rates in the ...

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... of the Age Pension has changed many times and a documented substitution model - a career of super contributions at 12% of wages - has never been quantified, and is one reason retirement remains uncertain for many Australians. Rice argues Australia also ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
... unemployment (5.9%) - you and I could demand pay increases of around 4% per annum. But this negative correlation between wages and NAIRU broke down in 2015. Woe is us! The chart below shows that wages are more correlated with the rate of underemployment. ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
Now we know. Growth in Australian wages remained stuck cruising at a low altitude of 2.1% in the March 2018 quarter, unchanged from the previous quarter and the quarter before that. Take these annual growth rates to two decimal places and we find that ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
... previous quarter. The Australian Bureau of Statistics (ABS) will release the March 2018 quarter update. Expectations are for wages growth to remain steady at 2.1% but based on its lagged negative correlation with the underemployment rate, the risk is ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
... holding up - retail sales up by 5.4% in the year to the December 2017 quarter from 4.6% in the previous quarter, but with wages growth stalling (1.8% year-on-year over the past three quarters to March) and business confidence remaining in the negative ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... unemployment and inflation rates - given current domestic macro-economic settings. Although I find that the Budget's assumptions on wages might be a little bit optimistic, even given the "expected" improvement in the domestic labour market based on what's ...

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... foot where I chew food, I'll wait for the details and the accompanying assumptions - GDP growth, employment, inflation, wages - embedded in Budget Papers 2018-19 before casting the first stone. Ben Ong is the Director of Economics and Investments at ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... Melbourne-based Grattan Institute has criticised the proposed lifting of SG to 12% saying it would have a negative impact on wages. In response, ASFA has again condemned Grattan Institute's proposal, saying Grattan's "ideological hostility towards superannuation" ...