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Showing 71 - 80 of 1648 results for "Unemployment"

Mutual sector overcomes pandemic headwinds

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
... 2020. The report said: "The pandemic impacted the Australian economy, the financial markets and generated significant unemployment, all resulting in a significant loss of superannuation contributions and investment income." Nevertheless, the long-term ...

Ord Minnett announces Perth office launch

CASSANDRA BALDINI  |  FRIDAY, 17 JUN 2022
... and one of top performing economies in the world the economic fundamentals look excellent," he explained. "With an unemployment rate of 2.9% (the lowest across all states), there are a significant number of West Australians who require quality financial ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... be increased substantially, at least to compensate for inflation, without triggering a wage-price spiral or higher unemployment." The Panel noted that lower paid Australians are particularly vulnerable in the context of rising inflation. "The outlook ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... In this scenario, the GDP would be boosted by $1.1 billion in the 2062 year and a further $126 million in costs of unemployment would be saved. It was also said that improving access to early interventions - including before members make a claim - would ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... prices. As a further justification for the implementation of the program, the board's decision was made while the unemployment rate was close to 7% and inflation was well below its target band. At the KangaNews DCM Summit, assistant governor Christopher ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... Lowe said Australia's economic resilience is particularly evident in the labour market, citing the declining unemployment rate and record high labour force participation. "The central forecast is for the unemployment rate to decline to around 3.5% ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... GDP growth has been slow as has productivity, cost of living has ballooned and wages have stagnated in spite of low unemployment, but to a great extent, the enduring legacy of superannuation reform has kept Australia strong in uncertain times. Besides ...

Real unemployment far higher than ABS claims: Roy Morgan

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
While Australia's unemployment rate has fallen to its lowest level since the pandemic began, there are still millions who remain unemployed or under-employed. Unemployment and under-employment are rife, with the latest Roy Morgan findings showing that ...

Recession-style policy but no recession: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... 1.2% of GDP over six months. We are not in a recession, and we're not in a crisis. We're expected to have unemployment with a three in front in the next few months." Wood suggested this is not the economic environment in which governments would ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... new endometriosis clinics and greater access to breast and cervical cancer screenings. Jobs still in focus Despite unemployment heading towards a 50-year low at just 4%, Frydenberg delivered a budget with a firm focus on jobs. Apprentices and the business ...