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Showing 51 - 60 of 200 results for "Wage growth"

CBA posts strong result, dividend

ELIZABETH MCARTHUR | WEDNESDAY, 9 FEB 2022

... participation rates," chief executive Matt Comyn said. "Australian households have accumulated savings and stronger wage growth is expected. An increase in demand for goods relative to services, supply-chain constraints and tightening labour market will ...

Economists expect a rate rise: Finder

CHLOE WALKER | MONDAY, 31 JAN 2022

... or ease, the cost of borrowing, in February. "While the RBA has previously said that it would not raise rates until wage growth was at least 3%, we think the strength in underlying inflation along with the tight labour market will convince the Bank to ...

Tight labour market not yet producing wage growth

ELIZABETH MCARTHUR | MONDAY, 24 JAN 2022

... level that would be considered 'full employment' by economists. This tight labour market should support a case of wage growth, but that's not happening yet. "Mapping a Phillips curve relationship between unemployment and wages growth across Australia's ...

Macquarie AM reveals outlook for 2022

CHLOE WALKER | FRIDAY, 21 JAN 2022

... Asset Management puts forward the view that a slowing down of globalisation, tougher policy choices, relatively strong wage growth, and bigger government will define the post-pandemic era. Macquarie Asset Management's senior economist Daniel McCormack ...

It will pay to keep employees happy: Fink

ELIZABETH MCARTHUR | WEDNESDAY, 19 JAN 2022

... quit rate in the US and the UK is at historic highs," Fink wrote. "And in the US, we are seeing some of the highest wage growth in decades. Workers seizing new opportunities is a good thing: It demonstrates their confidence in a growing economy." Fink ...

Inflation to persist in 2022: Aviva

KARREN VERGARA | TUESDAY, 11 JAN 2022

... in the near term. "That raises the bar for tightening policy rates compared to previous cycles, particularly while wage growth remains subdued. Given that, we don't expect the RBA to raise rates in 2022, but instead look to early 2023. However, the ...

Economic recap: Week to November 19

BENJAMIN ONG | MONDAY, 22 NOV 2021

... Stevens' declaration when at the helm of the RBA: "As wages are the largest component of business costs, the outlook for wage growth is particularly important for the inflation outlook." Ergo, the outlook for inflation depends on the wages outlook. ...

Wage growth remains low

ELIZABETH MCARTHUR | THURSDAY, 19 AUG 2021

... quarters. "The June quarter saw the rate of growth in hourly earnings ease to 0.4%, following two quarters of 0.6% wage growth. The rate of growth over the quarter was one of the lowest rates recorded for the series," Australian Bureau of Statistics ...

Accessing super cements inequality: Report

ELIZABETH MCARTHUR | TUESDAY, 25 MAY 2021

... "Opportunities to recoup these losses are likely to be limited, with the recent federal budget predicting continued low wage growth and a continued shift to part time work," the report's author Emily Porter, who is a fellow with the Brotherhood of St ...

Salaries boosted by skills shortage

ELIZABETH MCARTHUR | THURSDAY, 20 MAY 2021

... work in financial services in Australia with salaries up an average of 5.6%. The most positive forecasts for national wage growth this year is 1.5%, and most recent ABS data showed growth of just 0.6%. Robert Half surveyed 100 chief financial officers ...

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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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