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Showing 61 - 70 of 871 results for "wages"

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 ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... make the economy more dynamic and efficient can deliver big economic dividends and add up to major improvements in real wages and living standards over time," he said. "... policymakers need to keep productivity front-of-mind," he said. Treasurer Jim ...

Chalmers defends budget deficits in MYEFO

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... soft landing, and you can see that in any of the economic indicators. The economy is growing, inflation is moderating, real wages and real incomes are growing, unemployment is low - one million jobs have been created - participation is at record highs," ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... strengthen in the second half helped by rate cuts. "Australian growth is likely to edge up to 1.8% helped by rising real wages, tax cuts & rate cuts and this should see profit growth return," Oliver said. "Fourthly, if recession does occur it's likely ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... driven by the increases in the super guarantee rate to 11% from July 2023 and 11.5% from July 2024, and seasonally adjusted wages rising by 3.5% for the year," APRA said. Members contributed $50.5 billion over the year and $14.9 billion in the September ...

Work-related training boosts pay and productivity: CEDA

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... findings show work-related training is important for employees and employers alike for enabling career progression and higher wages for the former and higher levels of employee engagement and productivity for the latter. "The time and money devoted to ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... day of October, January, April, and July. However, from 1 July 2026, employers will have to pay superannuation alongside wages. Under the proposed changes, an individual's Superannuation Guarantee (SG) contribution must be received by their super ...

Chalmers teases superannuation update

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... parliament on Wednesday about the progress that Australians have made together when it comes to getting inflation down and wages up and rolling out cost-of-living help at the same time as we reform our economy for the future. "We will have more to say ...