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Showing 501 - 510 of 1401 results for "Household"

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... and exports were weak, largely reflecting sluggish growth abroad and trade developments... the fundamentals supporting household spending remain solid". It's the consumer, stupid me. I underestimated the US consumer - them who account for around ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
Bank of England (BOE) Governor Mark Carney's last days on the job would have gotten more press were it not for the more pressing concern of the coronavirus. To be sure, there was nothing noteworthy in Carney's final monetary policy committee ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
Drought, bushfires, coronavirus are among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
RBA governor Philip Lowe has rejected concerns that the bank's decision to cut interest rates last year dented consumer confidence and impacted weak consumer growth. Speaking at the National Press Club, Lowe said that while he understands having rates ...

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... lower wage rises within the typical two to three year life span of enterprise agreements. Brendan Coates, Grattan's household finances program director and lead author of the study said Grattan's analysis proves the government should desert the legislated ...

Retirement funding system failing: Report

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... recent survey, Australia's retirees do not feel fully supported by the Australia's retirement funding system," Household Capital said. "The three pillars of retirement funding have not, to date, adequately supported all Australians for several ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... revenues, leading to low inflation and, by virtue of CPI indexation, low wage growth that keeps downward pressure on household spending and by extension, the general economy. Makes me wonder if, apart from boosting the share and property markets, another ...

Millennials not attracted to property

ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
... Millennial investors over the coming decades? "It's difficult to say with certainty," Wayne said. "However, high household indebtedness, record low interest rates and low wage growth will make it difficult for the property market to deliver the returns ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
"I'm walking on sunshine (Wow!) I'm walking on sunshine (Wow!) I'm walking on sunshine (Wow!) And don't it feel good." Sadly, Australians are not singing and dancing to this upbeat classic by Katrina and the Waves. The Westpac/Melbourne ...