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Showing 81 - 90 of 829 results for "Labour Market"

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... "I thought tightening [monetary policy] was unlikely because weakness and activity growth would lead to a weaker labour market and that would allow a more confident projection of inflation toward target. "The first part of that will likely come to pass ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... Russel Chesler said it wasn't the "hail Mary pass" the Reserve Bank of Australia (RBA) would be hoping for. " The labour market remains too strong for inflation to fall. With unemployment so low, it is really difficult to see how inflation is going to ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The US Federal Reserve (Fed) has indicated that a cooling labour market has alleviated inflation pressures, signalling to investors that interest rate cuts could be on the horizon. June's US consumer price index (CPI) data revealed a rise of 3% from ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... evidence was there that inflation could return to target in a reasonable timeframe, while holding onto the gains in the labour market."

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... attention to developments in the global economy, trends in domestic demand, and the outlook for inflation and the labour market. "The board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... itself revised upward from February," he said. Miller said slightly offsetting perceived risks was a satisfactory labour market, but he said there was some suspicion it might be more fragile than it appears after March quarter accounts affirmed activity ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... policy and economic graph Sue Duke said. "We are reaching a pivotal moment as generative AI starts to impact the labour market with a recalibration of the skills employers value most. Employers must ensure they apply a gender lens to their approach in ...

Financial services firms concerned about attracting staff

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... concerned about their ability to attract staff. "There is currently a duality in the employment market. On one side the labour market is slightly softening with more candidates available but on the other hand, unemployment rate, although on the rise ...

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
Job flexibility and a tight labour market are keeping more Australians at work, research from KPMG finds, giving rise to a delay in their retirement. The analysis found that men are retiring at 66.2 years old, from 63.3 years old two decades ago, while ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of Australia, Chalmers ...