Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 182 results for "Wage growth"

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... rate of superannuation will result in bigger pay packets in future." Per Capita said it analysed the rate of real wage growth in the five years since the implementation of the SG freeze and quantified the amount of superannuation workers have lost as ...

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... to due to begin in 2015 but postponed to start in July 2021, are much bigger - 0.5% of salary each - at a time when wage growth is much smaller." Those who thought they should be deferred argued that now is "not a time to encourage saving" and that in ...

Young-old wealth gap widest in 18 years

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... that while younger people have better health, education and social outcomes than other cohorts, they have faced lower wage growth, masked underutilisation and lower levels of home ownership. Another driver is the skew of government spending towards older ...

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... governor Philip Lowe told the House of Representatives Standing Committee on Economics that an increase to SG will impact wage growth. Additionally, Morrison commented on the suggestion that profitable companies should be allowed access to the JobKeeper ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that. Speaking at the House of Representatives Standing Committee ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
"After a steady period of wage growth over the previous 12 months, wages recorded the lowest annual growth in the 22-year history of the WPI, ABS head of price statistics Andrew Tomadini said. "The June 2020 quarter was the first full period in which ...

SG increase will be deferred: Knox

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... environment." Knox said he expects very limited wage increases over the next couple of years and believes while that wage growth remains subdued it will not be appropriate to increase the super guarantee. Cbus group executive brand, advocacy, marketing ...

Tasmania leads the nation: CommSec

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... quarter (up 3.4%), ahead of Melbourne (2.7%) and Adelaide (2.4%). Meanwhile, only four economies recorded positive wage growth in the quarter, with the biggest decline in real wages seen in Tasmania (down -1.0pps). "The biggest real wage gap was recorded ...

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... he has previously publicly stated, "experts have a range of positions on the super guarantee rise and its impact on wage growth". "But our research has proven that even using the most conservative assumptions, workers of all income levels are far better ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... 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 Economics visiting fellow ...