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Showing 51 - 60 of 824 results for "Labour market"

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN | THURSDAY, 30 JAN 2025

... Powell also flagged that while the central bank wants to see inflation decelerate more, he did not want to see the labour market "cool off" more. Chalmers said Australia was not having to play the same balancing act. "Many countries around the world ...

Unemployment edges up despite jobs added

ELIZA BAVIN | THURSDAY, 16 JAN 2025

Australia's labour market has remained strong in the December 2024 read, according to the Australian Bureau of Statistics (ABS). The seasonally adjusted unemployment rate rose by 0.1 percentage point to 4% in December. "With employment rising by 56,000 ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN | FRIDAY, 10 JAN 2025

... lukewarm business investment, we see limited upside for labour productivity growth in 2025. This will ensure the labour market remains tight and could put upward pressure on unit labour costs."

February rate cut unlikely after inflation data

ELIZA BAVIN | WEDNESDAY, 8 JAN 2025

... on the requirement that a rate cut was supported by data. "We do not see current data as supportive of that. The labour market in particular has proven resistant to disinflation measures, with the most recent data showing unemployment has actually decreased ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN | THURSDAY, 19 DEC 2024

... participation and lower unemployment. Productivity Commission senior research economist James Thiris noted that the strong labour market likely weighed down productivity growth, as many new, younger, less experienced workers joined the labour force - ...

Unemployment drops below 4%

ELIZA BAVIN | THURSDAY, 12 DEC 2024

... 3.9%, significantly reducing the chance of an RBA rate cut any time soon," Chesler said. "The RBA is expecting the labour market to loosen quite a bit more as we hit the home stretch of the current tightening cycle, with the quarterly unemployment rate ...

Productivity slump threatens asset returns: Shane Oliver

ANDREW MCKEAN | WEDNESDAY, 11 DEC 2024

... capping government spending at 25% of GDP and deregulating product and labour markets to remove red tape and boost labour market flexibility were "good ideas." Nevertheless, "support for the hardnosed reforms needed is low," he said.

2025 economic outlook 'threatening': AMP

ELIZA BAVIN | THURSDAY, 5 DEC 2024

AMP chief economist Shane Oliver has shared his "worry list" for 2025, outlining the risk of recession, trade wars and geopolitical turmoil. Oliver said just as with 2024, the list of concerns for investors heading into 2025 is long, and "even more ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN | MONDAY, 25 NOV 2024

... interest rates has receded somewhat, but we are mindful of potential shocks to household incomes from a slowing labour market," Lonsdale said. "That risk is exacerbated by uncertainty in the global economic environment including geopolitical instability." ...

Wages grow 3.5% for the year

ELIZA BAVIN | WEDNESDAY, 13 NOV 2024

... support services (up 2.1%). Wu said the takeaway from the data was that there may be more spare capacity in the labour market than the jobs-related data suggests. "The current 4.1% unemployment rate is at low levels and the number of job vacancies remains ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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