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Showing 1 - 10 of 85 results for "Living standards"

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... more dynamic and efficient can deliver big economic dividends and add up to major improvements in real wages and living standards over time," he said. "... policymakers need to keep productivity front-of-mind," he said. Treasurer Jim Chalmers recently ...

Productivity slump threatens asset returns: Shane Oliver

ANDREW MCKEAN  |  WEDNESDAY, 11 DEC 2024
... Howard/Costello, have since stalled, leading to a decline in productivity - a key catalyst in the deterioration of living standards, according to AMP chief economist Shane Oliver. Oliver said productivity growth has been constrained by a cocktail of ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... Robson said. "Increasing productivity is still the surest path to sustainable increases in real wages and higher living standards." The report noted that while our overall productivity performance has reverted to pre-pandemic levels, the macroeconomic ...

Australia's competitiveness climbs world rankings

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... competitiveness and productivity. "The lack of productivity growth remains a challenge if we want to maintain our living standards into the future. Both business and government need to do more to address this. "We also ranked relatively low (37th) on ...

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... lifestyle will require $1.05 million. "For most people, the amount you'll need to retire while maintaining your living standards is about 3% to 8% higher than last year," SCA said. "But if your super is in a typical balanced fund, you would have seen ...

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... forward." Chalmers added the RBA is a "key institution" and makes decisions which matter a great deal to the living standards of the Australian people. "That's why we don't take decisions like this lightly," he stated. Lowe has copped plenty ...

Maple-Brown Abbott relaunches sustainable fund

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
... challenges facing our society, including climate change, resource management, financial inequality and disparity in living standards - require purposeful capital investment to enable solutions and support positive outcomes for people and the planet. ...

The super investments driving future economic growth

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
Superannuation infrastructure investments will support sustainable economic growth and better living standards for Australians, an ASFA report finds. The ASFA Superannuation and the economy: Energy infrastructure research paper said superannuation will ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... us vulnerable to wrong turns and wrong decisions. It moved us further away from where we need to be - better living standards in retirement for as many Australians as possible. "Legislating super's objective will change that because for the first ...

RBA governor cites climate, energy transition in inflation response

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... integration. Barriers to trade and investment are likely to increase and that will "inevitably affect both growth in living standards and the pricing of goods and services in global markets." The second important supply-side factor is demographics. Lowe ...
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