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Showing 1 - 10 of 292 results for "Labour force"

Insurance through superannuation stages a comeback

ANDREW MCKEAN | TUESDAY, 4 MAR 2025

... However, in the year to June 2024, the number of members with insurance cover through superannuation rebounded, with labour force growth and increased opt-ins playing a role, the research paper said. As of June 2024, group superannuation arrangements ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN | THURSDAY, 19 DEC 2024

... in some ways, stronger than the pre-pandemic period, particularly in the jobs market, which has experienced higher labour force participation and lower unemployment. Productivity Commission senior research economist James Thiris noted that the strong ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN | THURSDAY, 17 OCT 2024

... employment-to-population ratio and participation rate shows that there are still large numbers of people entering the labour force and finding work in a range of industries, as job vacancies continue to remain above pre-pandemic levels." The number of ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN | TUESDAY, 1 OCT 2024

... reverted to pre-pandemic levels, the macroeconomic environment is different from five years ago, with higher levels of labour force participation and a lower unemployment rate. "While there was a brief interruption during COVID, Australia's productivity ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI | THURSDAY, 15 AUG 2024

... Bureau of Statistics (ABS). The small uptick in unemployment is good news for those hoping for a rate cut. A strong labour force could result in higher-for-longer inflation. "It's a tough pill to swallow, but the reality is that an unemployment figure ...

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

ELIZA BAVIN | FRIDAY, 19 JUL 2024

... unemployment figure of at least 4.5% would be needed to cool inflation." Chesler said it appears as though the tight labour force will persist, and along with the government's recent 3.75% increase to the minimum wage and property prices surging, the ...

Job mobility falls for first time in three years

ELIZA BAVIN | TUESDAY, 9 JUL 2024

... from 1.8 million in February 2023. Of those, around 555,000 were unemployed and 1.3 million were people not in the labour force. "Of the people who wanted to work, just over one million people were available to start work straight away, and an additional ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN | MONDAY, 8 APR 2024

... increase in 2023-24 - continues to drive housing demand, necessitating an additional 200,000 homes. "ABS data for the labour force and overseas arrivals and departures suggests upside risk to these population projections, and hence, upside risk to estimates ...

First Nations Groups launch scholarship for Indigenous women in financial services

ANDREW MCKEAN | THURSDAY, 21 DEC 2023

... their families and communities as leaders, nurturers and knowledge holders. However, they are less represented in the labour force and are even more underrepresented in professions such as finance and economics," she explained. "By creating more opportunities ...

Ageing population measures needs rethink: Mercer

KARREN VERGARA | TUESDAY, 29 AUG 2023

... Knox said. Conversely, those aged 65 or over are commonly joining in the workforce, jumping from 1.99% of the total labour force in 2006 to 4.94% in 2022. "A more accurate approach would be to consider the actual labour force, rather than the potential ...

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Oreana targets early education assets with new fund

MATTHEW WAI

Following its expanded footprint in Australia, the property development and investment firm has launched a new fund targeting early education properties for wholesale and institutional investors.

Splintered globalisation a boon for AI, metals, EVs: PGIM

KARREN VERGARA

As geopolitical tensions and trade wars derail globalisation, artificial intelligence (AI), metals and minerals, and electric vehicles (EV) are some of the sectors poised to be winners for investors, new research from PGIM shows.

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN

Treasurer Jim Chalmers and special envoy for cyber security and digital resilience Andrew Charlton have announced plans to develop a digital asset regime, aimed at providing clarity and certainty to the sector.

Australians 'overwhelmed' by retirement: Aware

ELIZA BAVIN

New research has found 63% of Australians aged 45 and over are concerned or anxious about retirement.

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