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Showing 51 - 60 of 868 results for "Wages"

Government releases draft payday super law

ANDREW MCKEAN | FRIDAY, 14 MAR 2025

... stipulates that from 1 July 2026, employers must pay their employees' superannuation at the same time as their salary and wages, which the government said will ensure "workers earn more, keep more of what they earn, and retire with more as well." ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN | TUESDAY, 25 FEB 2025

... respond to that? Are they going to do what they did in the last couple of years - hike up interest rates and see people's real wages fall? How often can you do that? What are the implications for the broader economy if that's the go to plan." Overall ...

Why the RBA should not cut rates

ELIZA BAVIN | TUESDAY, 18 FEB 2025

... "We've got all this uncertainty coming from offshore, and we've got a labor market that is tightening. That flows to wages growth, and wages growth is the number one determinate of medium-term inflation pressures," she said. "For me, I think ...

Finance workers worry about job displacement from AI, government urged to take action

KARREN VERGARA | WEDNESDAY, 12 FEB 2025

... assistant secretary Joseph Mitchell said: "Too often, we have seen AI used by multinational giants to undermine workers' wages and conditions. Whether it's workplace surveillance or using algorithms to sack workers, bosses should be accountable ...

Future Fund reaches value of $237.9bn

ELIZA BAVIN | WEDNESDAY, 5 FEB 2025

... have been held high to lower inflation, were not realised. Inflation has moderated and economic growth, trade, employment, wages and corporate balance sheets remain in good shape, underpinning another strong year for the US share market," Samild said. ...

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

ELIZA BAVIN | THURSDAY, 30 JAN 2025

... growth has continued to tick over, albeit slowly, where unemployment has stayed incredibly low, jobs are being created, wages are up, but inflation is down considerably." When pressed on whether the Reserve Bank of Australia (RBA) would be more inclined ...

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI | WEDNESDAY, 22 JAN 2025

... wonder if the RBA will revisit the 4.5% to a number closer to 4%. The reason I say that is inflation is getting better, but wages growth is slowing. "Although NAIRU is notoriously difficult to estimate, the RBA has hit its head around the fact that it ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN | FRIDAY, 17 JAN 2025

... Coalition members as "astonishing," adding they revealed "how much they want to attack super," and how keen they are to cut wages. "We've seen in the last couple of days, Coalition MPs like Matt Canavan and others say that in order to get a pay rise ...

February rate cut unlikely after inflation data

ELIZA BAVIN | WEDNESDAY, 8 JAN 2025

... most recent data showing unemployment has actually decreased to 3.9%. This is inhibiting further falls in inflation, as wages continue to be relatively elevated, despite recent moderation." Chelser added that consumers had continued to spend, despite ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN | THURSDAY, 19 DEC 2024

... super, due to begin 1 July 2026 - requiring employers to pay their employees' superannuation entitlements at the same time as wages. Advocacy groups say this reform would drastically curb unpaid super. According to ATO data, there were more than 500,000 ...

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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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