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Showing 31 - 40 of 1721 results for "Unemployment"

Cost-of-living, unaffordable advice fuels financial stress: Surveys

KARREN VERGARA | MONDAY, 26 MAY 2025

... should be to grow jobs and the incomes of people struggling after a decade of stagnation in living standards. Low unemployment is an opportunity not a risk. Reducing it further will not spark a fresh outbreak of inflation as some have wrongly suggested." ...

Fed holds rates, but RBA still poised for a cut

ELIZA BAVIN | THURSDAY, 8 MAY 2025

... remained elevated, led to an extended period of economic dislocation, including high inflation, low growth and high unemployment," GSFM investment specialist Stephen Miller said. "While the current period is some distance from the 1970s experience, the ...

WA takes the economic crown: CBA

ELIZA BAVIN | TUESDAY, 29 APR 2025

... indicators, enabling comparisons in terms of economic momentum. Western Australia ranked first on retail spending, relative unemployment, relative population growth, housing finance and dwelling starts. Victoria claimed second place, climbing from fourth ...

Inflation slows, but for how long?

ELIZA BAVIN | WEDNESDAY, 26 MAR 2025

... debt cuts, and the spending on Medicare and PBS to a lesser extent, likely to be mildly inflationary" Chesler said. "Unemployment hasn't budged from its historically low levels (currently at 4.1%), which limits further progress in battling inflation ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN | TUESDAY, 25 MAR 2025

... to parliament Chalmers said the Australian economy was "turning a corner". "Inflation is down, incomes are rising, unemployment is low, interest rates are coming down, debt is down, and growth is picking up momentum. On all these fronts, our economy ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN | WEDNESDAY, 5 MAR 2025

... the central bank accepted that it would "tip the economy into a recession". "As it turns out, GDP fell in 2024, the unemployment rate rose by almost 2ppts, and this combination brought inflation back to the RBNZ's 'near 2%' target by 2H24," ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI | TUESDAY, 18 FEB 2025

... biggest risks in the current economic climate, including the bleak GDP growth Australia is generating. Although the unemployment rate in Australia has remained relatively low, GDP growth has been less than enlightening, Tagg said. "We're probably ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN | THURSDAY, 30 JAN 2025

... balancing act. "Many countries around the world have paid for this kind of progress on inflation with much higher unemployment, or with negative quarters of economic growth," Chalmers said. "What Australians have been able to achieve is an economy where ...

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI | WEDNESDAY, 22 JAN 2025

... growth is largely contributed by the public sector, as the private sector is still very weak. But the reality is that unemployment is at 4%, which is well below the RBA's non-accelerating inflation rate of unemployment (NAIRU) of 4.5%. "I wonder if the ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA | FRIDAY, 17 JAN 2025

Despite the raging bull market, and lower inflation and unemployment levels, JPMorgan Chase chief executive Jamie Dimon is "cautiously pessimistic" about the US economy in 2025. Dimon said in a CBS interview that geopolitical tensions underpin his stance ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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