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

Search Results

Showing 431 - 440 of 1269 results for "Labor"

Economics 101 is dead

BENJAMIN ONG  |  MONDAY, 10 JUL 2017
... Perhaps more telling, despite rising to 8.6% in June (from 8.4% in May), the U-6 unemployment rate - which the Bureau of Labor Statistics (BLS) define as: "Total unemployed, plus all persons marginally attached to the labor force, plus total employed ...

Industry supports super threshold removal

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... entitlements." The proposal was put forward by the Senate Economics Committee and supported by Liberal Senator Jane Hume and Labor Senator Chris Ketter. It calls for the $450-a-month wage threshold - which has allowed employers to forego payments of ...

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
... US$4.5 trillion balance sheet this year, as expected. According to the Fed statement, "In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 1 to 1-1/4 percent. ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... single vote in the House of Representatives yesterday. The Bill, which successfully passed the Senate with the backing of Labor, One Nation, the Nick Xenophon Team, and Senators Lambie, Hinch and Williams, was later defeated in the House of Representatives ...

Robo-advisers expected to meet fiduciary rule

ALEX DUNNIN  |  FRIDAY, 16 JUN 2017
... regulatory framework that now requires retirement advisers are subject to fiduciary obligations under the Department of Labor's Fiduciary Rule. The SEC's position on the issue is continuing despite the broader push by the Trump administration to relax ...

Fiduciary rule introduced in United States

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2017
... of clients in a bid to prevent the US$17 billion lost by retirement savers each year. Last Friday, the US Department of Labor partially introduced the impartial conduct standard - a fiduciary rule to curb conflicts of interest in relation to the retirement ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
... expect that, with gradual adjustments in the stance of monetary policy, economic activity would expand at a moderate pace, labor market conditions would strengthen somewhat further, and inflation would stabilize around 2 percent over the medium term." ...

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
... become a company director than open a bank account, yet the Government has barely raised a peep about phoenix activity," Labor Senator Katy Gallagher said. "The Coalition has chosen to continue its narrow, ideological agenda of delivering billions of ...

First home buyers: Devil is in the detail for super funds

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... will mean that superannuation funds won't play a part in promoting the scheme to their members. "One of the reasons the Labor Party's First Home Saver Account failed was that it was complicated and the banks never really promoted the special accounts ...

Government bond issuance to fall 20pct

ALEX DUNNIN  |  WEDNESDAY, 10 MAY 2017
... back into surplus by 2020. While this debt amount has doubled during the life of Coalition government, during the previous Labor government it increased five-fold from $53 billion to $258 billion. Since 2015 the amount of this debt held by foreigners ...