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Showing 411 - 420 of 868 results for "Wages"

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
... businesses have every reason for their optimistic expectations for a rebound in consumer spending. The annual growth in wages and salaries increased by 2.7% in the March quarter - the fourth straight quarter of acceleration - from 2.6% in the previous ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... for a near-term adjustment in monetary policy," Lowe said. This is consistent with the RBA's outlook that while it expects wages to lift, "it is likely to be only gradual" - that doesn't bode well for household income and, by extension, consumer confidence ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... remain in the slow lane as well! But wait, there's more! The chart below showing the negative correlation between growth in wages and the underemployment rate suggests that there's still plenty of slack in the labour market and therefore, underscoring ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
... third theme is an improvement in business conditions, as reported in surveys." "The fourth theme has been slow growth in wages." While the RBA "expects a further pick-up in the Australian economy", "There are, though, some uncertainties around this outlook ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... 2% target that would gain more upward pressure given the UK's strong labour market dynamics - low unemployment and rising wages (up 2.8% in the year to the January quarter which is the fastest rate since the September quarter of 2015).

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
... February and 0.1% in March 2017). The Australian labour market is indeed improving but until there's a meaningful lift in wages and reduction in household debt (not to mention the negative wealth effect from the current retreat in stock prices), chances ...

Increasing SG is not the answer: O'Dwyer

KARREN VERGARA  |  THURSDAY, 5 APR 2018
... out that the only way that people can achieve higher incomes in retirement is by compelling an ever increasing amount of wages to be sacrificed into superannuation." A far better way to help Australians save for retirement is to give them the flexibility ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... in the labour force. But what matters more for the economy, any economy, is if labour market strength translates higher wages that would encourage increased consumer spending - that which accounts for around two-thirds of economic activity. However ...

Chief economist update: She'll be right, mate!

BENJAMIN ONG  |  THURSDAY, 15 MAR 2018
... Growth in labour costs accelerated to 1.3% in the February quarter from 0.9% in the previous one. This is a positive sign for wages but as NAB explained, this is likely a reflection of the "jump in employment rather than wage growth". Australian consumer ...

Chief economist update: The uncertainty that is Trump

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
... employed Americans - which suggests increased consumer spending and by extension, stronger growth - has yet to put pressure on wages and again, by extension, inflation. The latest US employment report showed that average weekly earnings slowed to 2.6% ...