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Showing 481 - 490 of 2878 results for "The Economy"

Finance sector has largest pay gap

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... wait until 2050 for the pay gap to close, we need employers to step up and do the right thing for their workers, and the economy." According to research cited by the FSU, the pay gap in the financial services industry closed by 0.7% but still sits at ...

Advice for all could add $630bn to economy

JAMIE WILLIAMSON  |  WEDNESDAY, 25 NOV 2020
If all Australians were to receive financial advice and properly implement that advice, the economy would grow by $630 billion a year while Age Pension spending would go down by more than 20%, new research shows. Those are the key findings of a study ...

JobKeeper saved 700,000 jobs: RBA

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... that JobKeeper has a 'number of features that create adverse incentives which may become more pronounced over time as the economy recovers'." Despite this, the central bank concluded that without the scheme employment losses would have been twice as ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... virus post-haste and subsequent lifting of restrictions on social interaction and business activity has prevented the economy from succumbing to the recession that has struck most nations around the world. Chinese GDP grew by 3.2% in the year to the ...

Retirement costs keep rising: ASFA

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... executive Martin Fahy said. "Dramatic changes in our lifestyles had a big impact on demand and prices right across the economy but for at least some categories of expenditure there is a return to something closer to normal." ASFA said despite the gradual ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... Japan) were exactly flat year-on-year, reflecting the milder impact of the pandemic both on the population and on the economy, stronger balance sheets, lower payout ratios and because many of this quarter's payouts relate to 2019 earnings and were ...

Frydenberg unveils Retirement Income Review

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... July 2021. On 1 July 2025, it is slated to reach 12%. The coronavirus has sent shock waves that have impacted wages, the economy, and labour markets, he said, adding that the government needs to make a decision on whether on not to increase based on ...

COVID-19 to remain dominant in 2021

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... monetary and fiscal policy in the same supportive direction is perhaps the biggest single difference in the fabric of the economy between this new cycle and the last one," it said. "Capital markets are already feeling the ripples of the more interventionist ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... Committee for Economic Development of Australia (CEDA), the governor declared that: "It is certainly possible that the economy will do better than this baseline scenario." "That baseline scenario is GDP growth of "5% next year and 4% over 2022...the ...

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... Administration of the Patrimony of the Apostolic See (APSA). Funds will be controlled and supervised by the Secretariat of the Economy, which the Pope established in 2014. Cleaning up the Vatican's finances was one of Pope Francis' stated objectives ...