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Showing 61 - 70 of 204 results for "Wage growth"

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 ...

Zero rates causing risky business: Pengana

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
... thing for central banks to do in the wake of COVID-19, but it has unintended consequences," Fisher said. "There is no wage growth, no inflation but the cost of living has been skyrocketing. There is no money being paid on savings in the bank, which is ...

SG rise a bad idea: Chartered Accountants

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... global pandemic, the first Australian recession in 29 years, our highest unemployment in 20 years, record stagnancy in wage growth, and the world falling apart at the seams," CA ANZ superannuation leader Tony Negline said. "The thing about a game-changer ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... 2022." Lowe added that wages and price pressures have also remained subdued. Whilst he acknowledged both inflation and wage growth is expected to pick up, he expects it to be slow. The RBA board believes wage growth and inflation will remain below 2% ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... Statistics (ABS) shows wages are up slightly from last year. "The September quarter is generally a quarter of solid wage growth, however, the impacts of the COVID-19 pandemic contributed to a subdued rate of wage growth in September quarter 2020," ABS ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... it was cut in 2014. In 2014, the coalition dumped the scheduled increase to the SG in the hopes it would help boost wage growth. ISA said it analysed 8370 enterprise bargaining agreements certified before and after the 2014 freeze and found that no boost ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... think we are going to see a boom in consumer activity," Woods said. "The budget is forecasting basically zero real wage growth over the next four years. So, there is not a huge amount to get consumers spending. My concern is that we are putting that ...