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Showing 41 - 50 of 128 results for "Household Income"

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... the GDP of the United States and 15% of US existing home sales. His fortune is 2,944,647 times the median US household income. Other tech titans also enjoyed a surge driven partly by lockdown measures keeping people at home and helped by the boost given ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... decline in global output, a massive fiscal response has been necessary to increase health capacity, replace lost household income and prevent large-scale bankruptcies. However, the IMF said, the policy response has also contributed to global public debt ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... of 62 cents in the dollar." This suggests Australian households are saving a much higher proportion of current household income than would otherwise be the case. Therefore, ASFA says the superannuation guarantee is not only doing its job but has benefitted ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
With wage cuts across the country and wage rises likely off the table, a former senior public servant and academic has pressed the case for wage growth instead. In an article for The Conversation, Australian National University College of Business and ...

Time to buy residential property: Survey

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... their mortgage repayments with their lender. This may be because the majority of respondents (45%) had an average household income of $100,000 to $200,000 annually. Only a small percentage (5%) of respondents indicated the pandemic had forced them to ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
"Tell him he's dreaming!" The Australian Bureau of Statistics' (ABS) report showing that the country's unemployment rose from 5.2% in March to ONLY 6.2% in April surely is a pleasant dream considering the nightmarish backdrop of the long ...

Higher super contributions make Aussies feel safer

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... said. "Australians who believe they will live comfortably in retirement typically contribute 11% of their annual household income into their super fund, meaning that an additional contribution of 1.5% p.a. above the super guarantee level contributes ...

VanEck launches new income product

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... are also likely to see low interest rates persist in Australia given household consumption will remain subdued. Household income per capita is not increasing and wages growth remains very low, reflecting lackluster household spending," Neiron said. "Combining ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... infrastructure spending, housing market stabilization and the outlook for resources. Continues to see support for household income coming from stabilizing house prices. No longer describes housing conditions as soft, instead highlighting further signs ...