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Showing 81 - 90 of 200 results for "Wage growth"

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG | THURSDAY, 20 FEB 2020

... unchanged from the previous quarter and the slowest annual growth rate since the June quarter of 2018. Private sector wage growth also remained unchanged at 2.2% while wages growth in the public sector decelerated to 2.2% from 2.5% (could it be that ...

Super chief opposes SG increase

ELIZA BAVIN | WEDNESDAY, 19 FEB 2020

... compulsory rate is not enough to grow superannuation savings for a comfortable retirement, Australia is in a period of low wage growth therefore an increase in the contribution rate is not realistic at this point in time," Baird said. "While compulsory ...

Surplus may not be as advertised: Grattan

ELIZABETH MCARTHUR | MONDAY, 10 FEB 2020

... aged care. She also argued that we could be seeing "the death of The Phillips Curve" with predictions of 3% to 3.5% wage growth recently revised lower. The Phillips Curve states that inflation and unemployment have a stable and inverse relationship. ...

Chief economist update: Turn the beat around

BENJAMIN ONG | THURSDAY, 30 JAN 2020

... revenues/profits, reduced investment in buildings & structure and machinery & equipment and on staff. This would keep tepid wage growth tepid. In turn, sluggish wage growth would put further pressure on already lacklustre consumer spending, leading to ...

Millennials not attracted to property

ALLY SELBY | WEDNESDAY, 29 JAN 2020

... difficult to say with certainty," Wayne said. "However, high household indebtedness, record low interest rates and low wage growth will make it difficult for the property market to deliver the returns achieved in previous decades."

Aussies unprepared for wealth transfer

ALLY SELBY | MONDAY, 9 DEC 2019

... wealth between their generation compared to millennials," Baker said. Rising costs of living, as well as stagnant wage growth and a volatile property market mean that more young Australians will rely on their heritance in the future. Perpetual said 70% ...

IFM to spend $25bn on Aussie infrastructure

KANIKA SOOD | FRIDAY, 22 NOV 2019

... 2020, 2021 and 2028. The announcement follows the Treasury's push for the increased infrastructure spending to hoist wage growth.

Flaws in Grattan SG research: Report

KANIKA SOOD | WEDNESDAY, 20 NOV 2019

... Jim Stanford from the Australia Institute says increasing the superannuation guarantee to 12% will not stifle future wage growth, and calls out assumptions used in Grattan's research on the subject. Stanford reviewed economic statistics from the ...

ASFA strikes back at super detractors

HARRISON WORLEY | WEDNESDAY, 13 NOV 2019

... labels our system, unaffordable, failing lower income earners, inefficient, lacking transparency, and that it eats wage growth. "At the most ludicrous level it suggests that in the worst-case retirement scenario you can eat your house, rely on a rental ...

RC sting felt in finance pay packets

ELIZABETH MCARTHUR | WEDNESDAY, 2 OCT 2019

... lower-to-mid level digital, mobile and content roles which will enjoy salary rises of up to 10%. Year on year stagnation in wage growth has resulted in many in the industry looking for their next external career move. The Perceptor report also revealed ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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