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Showing 81 - 90 of 868 results for "wages"

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... Reserve Bank of Australia (RBA) appears poised to be the last developed market central bank to cut rates. "Additionally, high wages growth in both public and private sectors show no significant sign of easing, as unemployment hovers near record lows. ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... has started to stall with the latest inflation print surprising to the upside, while the ECB's indicator of negotiated wages rose in Q1, defying the central bank's expectations for an easing." Further, with evidence of solid employment growth ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... headline CPI should contribute to anchoring inflation expectations," Allen said. "Also helping will be evidence of the peak in wages growth now being behind us. One key risk though remains a strong pipeline of investment work by both the private and ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... that will powerfully strengthen retirement savings for Australian mums and help to narrow the gender gap at retirement." Wages boost for feminised industries Schubert said the anticipated pay rises for highly feminised industries like early childhood ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... thresholds and power bill relief. "This government and this Budget delivers for every Australian. A tax cut for every taxpayer. Wages growing in every industry. A better deal for every working parent. A fairer go at every checkout," Chalmers said when ...

Men, women in same occupation drive pay gap

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
... the same occupation than men. It did, however, find that marriage and parenthood have a much greater effect on women's wages than men's within the same occupation. "This research busts the outdated myth that the gender pay gap exists because ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... or US$120 billion in the same period. "Meanwhile, people worldwide are working harder and longer hours, often for poverty wages in precarious and unsafe jobs. The wages of nearly 800 million workers have failed to keep up with inflation and they have ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
The Australian Council of Trade Unions (ACTU) will seek another 5% increase in the minimum and award wages as part of its submission to the Annual Wage Review. Each year, the Fair Work Commission hears from unions, employers, and governments before ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... there are risks related to the weak productivity and strong unit labour cost growth. "The challenge here is that, while wages growth lifting to around its current rate would not typically be worryingly high, it has coincided with dismal productivity ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... which wrapped up on 3 November 2023, proposes employers pay staff super entitlements on the same day they pay salary and wages effective from 1 July 2026. Hostplus pointed out that the "proliferation of WMPs" possess "dark pattern design features" that ...