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Showing 451 - 460 of 868 results for "wages"

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... which by any measure of NAIRU (non-accelerating inflation rate of unemployment) should have been exerting upward pressure on wages and by extension, inflation. Oxford Economics estimate the US NAIRU at 4.3%, the OECD has it at 4.9% and closer the home ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... monetary was much like in the other months - positive and optimistic on global and domestic growth, hopeful over a lift in wages and wages and, uncertain over the outlook for household consumption and high household debt levels. This uncertainty could ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
... revenues and profitability over the coming months. One that would spill over into increased employment and (hopefully) higher wages growth, underpinning stronger household consumption and further gains in sales and profits and investment.

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
... comes on stream. The strengthening labour market and household incomes will sustain private consumption, and inflation and wages will pick up gradually." This is how the OECD sees Australia's future (at least over the next two years) as written in its ...

Where in the cycle is Australia?

BENJAMIN ONG  |  FRIDAY, 17 NOV 2017
... where pessimists outnumbered pessimists in November. The wage price index report helps explain why. Annual growth in total wages picked-up a mere 0.1% from the record low 1.9% over the past four quarters to 2% in the September - more or less just enough ...

'tis the season to not be jolly

BENJAMIN ONG  |  THURSDAY, 16 NOV 2017
... (ABS) released its Wage Price Index (WPI) report showing that the country's employers continue to play Mr. & Mrs. Scrooge. Wages growth accelerated an eensie-weensie bit to 2.0% in the year to the September quarter after languishing at the record low ...

Australian business conditions gone gangbusters

BENJAMIN ONG  |  WEDNESDAY, 15 NOV 2017
... optimists, down to a reading of 99.7 in November from 101.4 in October. No surprises here, especially when you consider the wages report that's also just been released. Wages growth in the September quarter - as measured by the wage price index - disappointed ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... ballooning household debt - it stood at a record 193.7% of disposable household income as at the June quarter of this year. With wages growth stuck at a record low 1.9% in the June quarter, there's only a very slim chance of an improvement in household ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
... August to 8.3% in September - the lowest rate since pre-GFC (8.3% in February 2007). This is now putting upward pressure on wages. Total compensation of all civilian workers as measured by the Employment Cost Index (ECI) rose by 2.5% in the year to the ...

Surefire Melbourne Cup bet

BENJAMIN ONG  |  MONDAY, 30 OCT 2017
... NAIRU is 5% with a 70% confidence interval that it's between 4% and 6%. With the latest unemployment rate tagged at 5.5% and wages still aren't ascending, you can bet with a 70% certainty that it's not 6%. The acceleration in the annual growth rate in ...