Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 871 results for "wages"

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

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... unlikely that wage growth will fall by much when the second quarter wage growth numbers are published in August. "Aggregate wages growth, which haven't been supported by productivity gains, will remain above the RBA's published target rate of 3.5%, and ...

ANZ, Westpac 'the cheapest majors': Morningstar

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... said. He also noted that reduced borrowing capacity and persistent inflation are constraining credit growth, despite higher wages and strong population growth. "Interest rate increases weakened consumer confidence and significantly reduced borrowing ...

ATO seeks submissions on defining an 'employee'

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... 'employee' under section 12 of the SGAA. Currently, section 12-35 provides that an entity must withhold an amount from salary, wages, commission, bonuses or allowances that it pays an individual as an employee. There must also be a payment of ...

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 ...