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Showing 511 - 520 of 868 results for "wages"

Negative gearing exposing Australia's poor: KPMG

DARREN SNYDER  |  FRIDAY, 21 APR 2017
... years, KPMG said household income has primarily grown because of investment income and government transfers, not rising wages and salaries. The firm added that more than one-third of the income of the poorest 20% of Australian households is received ...

First Super halts private equity investments

ALEX BURKE  |  MONDAY, 10 APR 2017
... extremely concerned at exposure to investment risk through companies that have enterprise agreements in place which have lower wages and conditions than what is contained in the relevant modern award," he added. "Businesses based on unsustainable labour ...

RBA dilemma

BENJAMIN ONG  |  TUESDAY, 4 APR 2017
... the slowest rate since July 2013 -- from 3.1% in the previous month and 4.3% in January last year. It appears that slowing wages growth and high property prices are leaving Australians with little to spend elsewhere. Total hourly rates of pay (excluding ...

Labour costs rising

BENJAMIN ONG  |  TUESDAY, 21 MAR 2017
... in line with market expectations, the latest figure is the fastest annual rate of growth since the first quarter of 2016. Wages and salaries per hour worked rose by 1.6% year-on-year in the fourth quarter of 2016 following a 1.5% increase in the third. ...

ATO payroll system tracking unpaid super

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
... July. Under the STP legislation introduced in August 2016, employers with more than 20 staff members will report salary and wages and Pay as You Go (PAYG) withholding amounts to the ATO in 'real time' or at the same time employees are paid. According ...

Wages and super should be aligned: Cbus

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
Cbus is calling on the Federal Government to align the payment of workers' superannuation with the payment of wages. The industry super fund claims the quarterly payment cycle for the superannuation guarantee creates a significant risk of non-compliance ...

A good set of numbers (almost)

BENJAMIN ONG  |  TUESDAY, 28 FEB 2017
... the fastest annual growth rate since the June 2010 quarter (28.1%) - to A$77.8 billion - the largest amount on record. The wages stats (contained in the same report) provide some explanation for the surge in company profitability - wages, after all ...

In search of that elusive Australian animal spirit

BENJAMIN ONG  |  FRIDAY, 24 FEB 2017
... food, retail and pharmacy workers threw another spanner in the works for RBA Governor Philip Lowe's positive outlook on wages the day before. One that's been almost instantaneously contradicted by the Australian Bureau of Statistics' (ABS) latest estimates ...

The power of optimism

BENJAMIN ONG  |  THURSDAY, 23 FEB 2017
"Some pick-up in wages growth is also expected, although wage increases are likely to remain below average for some time yet. Our liaison with businesses does not suggest that a pick-up in wage growth is imminent, but nor does it suggest that a further ...

CBA caught out on unpaid super

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2017
... national secretary Julia Angrisano said. "It is bad enough that Australia's most profitable bank pays some of the lowest wages in the banking sector, now we are finding that part-time staff aren't getting their full superannuation entitlement." Angrisano ...