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Showing 61 - 70 of 829 results for "Labour Market"

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 ...

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... insufficiently good progress in reducing inflation to justify a rate cut this early - absent a more notable weakening in the labour market." HSBC chief economist Paul Bloxham has taken an even more bearish view - predicting the first interest rate cut ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... stubbornly high at 3.5%. "The Australian economy continues to demonstrate resilience, characterised by a robust labour market, low unemployment, and persistent wage inflation. Additionally, retail sales growth has accelerated, and the full impact of ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... acknowledge that the board will feel less compelled to start the process of normalising the cash rate whilst the labour market data remains robust," he said. Meanwhile, Treasurer Jim Chalmers said the fight against inflation is not over. "I don't pretend ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... Jarvis said. IG market analyst Tony Sycamore said despite the unemployment rate holding steady, the data shows the labour market is strong. "The Australian labour market's remarkable run of strength has extended into September, continuing to defy ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
... meeting to alter their assessment that the current level of the cash rate best balanced the risks to inflation and the labour market," the minutes said. "They therefore agreed that it was appropriate to leave the cash rate target unchanged at this meeting." ...