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Showing 31 - 40 of 59 results for "minimum wage"

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... elasticities and factor substitution, but also on institutional factors such as employment protection legislation, minimum wage determinations and the degree of unionization," the analysis read. In a letter to the committee accompanying the analysis ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... (although this would add to the budget deficit), while governmental support for higher wages and an increase in the minimum wage could also help boost spending. "Longer term, a more effective and lasting increase in wages could be achieved by better ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... represent 70% of the median wage and 100% of the median wage in the industries hardest hit. Frydenberg said for people on minimum wage in tourism, hospitality and retail the $1500 payment will be 100% of their wage. Payments will begin on 1 May 2020 ...

Industry fund publicly shames investment adviser

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
... from workers in XPO's trucking service who claim the company violated California labour laws by denying them minimum wage, overtime and meal breaks. Yahoo! Finance analysis of the stock showed that at this time last year approximately 44 US hedge ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
Australia's minimum wage is set to rise by 3%. The Fair Work Commission has determined Australia's national minimum wage (NMW) will increase by 3% to $19.49 per hour. Effective from the first full pay period starting on or after July 1, the increase ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... Index report, the ABS noted that, "September quarter wages growth was mainly influenced by increases to the national minimum wage, regularly scheduled enterprise agreement increases, modern awards and salary reviews timed to coincide with the financial ...

Australia's wealth gap deepens: Oxfam

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... earn about $6 million a year on average, while women in Bangladesh making clothes sold by these brands take home a minimum wage of $974 a year - not enough to cover the basics, she added. Szoke is calling on the chiefs of clothing brands to ensure workers ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... As CNBC reported late last month, "Fifth Third Bancorp will pay more than 13,500 employees a bonus and raise the minimum wage of its workforce to $15 an hour after the passage of the Republican tax plan that will cut the bank's corporate tax rate. AT&T ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 20 JUL 2016
... Turkey is projected to remain close to 4% per annum in 2016 and 2017, according to the OECD. But a sharp hike in the minimum wage (which 30% of the workforce receives) and social transfers in 2016 will boost private consumption, they said. However, the ...

AMMA adds voice to superannuation choice

KERRIE SYDEE  |  MONDAY, 21 MAR 2016
AMMA (Australian Mines and Metals Association) has welcomed proposed legislation to ensure unions cannot stop Australian employees choosing their own superannuation fund. In response to the Superannuation Legislation Amendment (Choice of Fund) Bill ...