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Showing 431 - 440 of 868 results for "Wages"

Chief economist update: RBA sees wages growth recovering but it's not guaranteed

BENJAMIN ONG  |  WEDNESDAY, 14 FEB 2018
... pointing out that its "wage growth proxy" - which adjusts the labour cost measure for employment changes - points to higher wages growth (therefore underpinning increased consumer spending) than reported in the Wage Price Index (WPI). However, in the ...

Scared of inflation? Try deflation

BENJAMIN ONG  |  MONDAY, 12 FEB 2018
... suggests pay growth will rise further in response to the tightening labour market, give increasing confidence that growth in wages and unit labour costs will pick up to target-consistent rates." Leading to the BOE's updated forward guidance that, "The ...

Chief economist update: The Fed's force is with us

BENJAMIN ONG  |  FRIDAY, 9 FEB 2018
... "this year" will come true. There's no question that given strengthening momentum in the US economy, full employment and wages on the up and up, that eventually, inflation would lift. The freshly-signed tax cuts ensure this. But what's wrong with that? ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... raise interest rates anytime soon. More so, because current low inflation would likely be transmitted into lower pay rises. Wages increased by 2% in the year to the September quarter - just off the slowest rate on record of 1.9% in the previous quarter. ...

Chief economist update: This time is different

BENJAMIN ONG  |  WEDNESDAY, 7 FEB 2018
... 64% one-year average". Sure, inflation could lift but this is a function of this strong growth, that's lifting employment, wages and ultimately consumer spending. These, in turn, underpin higher company sales and profits and increased investment in equipment ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
... in January. It's great numbers but the more important stat for January's non-farm payrolls report is the acceleration in wages growth. Average hourly earnings increased by 2.9% in the year to January, up from an upwardly revised 2.7% growth in the previous ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... 2017 from 4.8% at the beginning; the US dollar is cheaper; and then there's the tax cuts which is expected to boost growth, wages and spending and the deficit (further US dollar weakness). Likewise, inflation expectations - measured by the yield differential ...

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
... growth, Trump's tax cuts have not yet have time to flow through into corporate earnings, then investment, then jobs, then wages, then spending. These suggest that, in time, company earnings would catch up with the Wall Street's lofty valuation. And if ...

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
... bill. Under the STP legislation introduced in August 2016, employers with more than 20 staff members will report salary and wages and Pay as You Go (PAYG) withholding amounts to the ATO in real time or at the same time employees are paid. In an effort ...

Australia's wealth gap deepens: Oxfam

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... clothing industry, where the people - mainly women - making clothes for household Australian brands are often paid poverty wages, Szoke said. Some of the highest paid chief executives in Australia's clothing retail sector earn about $6 million a year ...