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Showing 591 - 600 of 6910 results for "Economy"

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... high rates of inflation, so they want to be compensated for that, but in the long term, it's not sustainable for the economy to maintain wages growth at 4%." As per today's ABS data, the unemployment rate rose by 0.2% to 3.7% in October. The ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... actually fell 7bps in the second half as competition intensified." Garland also explained strong banks equal a strong economy. "You'd rather strong banks than the alternative, as it means our banks are in a good position to weather economic storms ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ...

Large Australian corporations pay record tax: ATO

ANDREW MCKEAN  |  THURSDAY, 9 NOV 2023
... lockdowns. "This is a fantastic result for the Australian community," Saint said. "A combination of a rapidly recovering economy, high commodity prices and high levels of voluntary tax compliance, backed up by the hard work of the Tax Avoidance Taskforce ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... government has some tough calls to make regarding the nation's infrastructure pipeline as part of its plan to regenerate the economy. Following Labor's review of its multibillion-dollar Infrastructure Investment Program, led by the minister for infrastructure ...

American Century unveils new global strategy

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
... companies that recognise the importance and value of transitioning their business operations to support a more sustainable economy," Byrns said. "This is an opportunity for our clients to invest in a best-in-progress sustainable strategy that will strive ...

La Trobe reveals global strategy, partners

CASSANDRA BALDINI  |  THURSDAY, 2 NOV 2023
... investors access to private credit provided to the US middle market. "This market is, by itself, the world's third-largest economy and is set to benefit from generational macro-tailwinds, including the re-shoring of global supply chains back into the ...

Calastone appoints new local head

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
... fintech solutions are increasingly recognised as the foundation for commercial sustainability and innovation in the digital economy. "We have a strong regional and global team to support this," he said. Additionally, Godins thanked Walker for her contribution ...

NAB commits to $1bn of lending to boost First Nations businesses

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
... workers. NAB added the Indigenous business sector is forecasted to grow by 4% compared to 3% for the broader business economy, making the space a lucrative option for more institutions going forward. "Access to capital is a systemic issue, which is a ...

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
... Meanwhile, NAB said the Indigenous business sector is forecasted to grow by 4% compared to 3% for the broader business economy. Indigenous employment is tracking along on a similar trajectory, explained Prakash. "That's 3.6% for Indigenous against 2% ...