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Showing 1 - 10 of 1539 results for "Lowest"

South Australia recognised as 'economic leader'

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
... second with an output 8.6% above its long-term average, while Victoria took third place with 8.5%. South Australia had the lowest unemployment rate (3.8%) which is 35.8% below its decade average. Western Australia came second with a jobless rate of 3.6% ...

Top 10% of households home to 15 times more wealth

JAMIE WILLIAMSON  |  FRIDAY, 19 APR 2024
The average household wealth of Australia's richest 10% increased by 84% in the past 20 years, while that of the lowest 60% increased significantly less. A new report from ACOSS and UNSW Sydney's Poverty and Inequality Partnership - titled Inequality ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
Rising interest rates and weak disposable income growth have caused housing affordability to drop to its lowest point in decades, according to Queensland Investment Corporation (QIC) senior economists. The economists pointed out that Australian Bureau ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... would also have "no negative impact on inflation", the ACTU said, partly because the wages and hours of some of Australia's lowest paid workers are modest. Last year was the biggest increase to the minimum wage in over 40 years, and inflation dropped ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... signals that a recession begins when the three-month moving average of the unemployment rate rises by 0.5% or more from its lowest point in the past year has flashed red. Although, the national US unemployment rate has risen by 0.3%, 21 US states have ...

Perpetual seeds Kapstream fund

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... Bourke added that the non-bank warehouse market size is estimated at $200 billion. "Banks provide senior funding (with lowest return and risk), we focus on the middle 'mezzanine' notes, which offer attractive return and risk profiles," he said. Perpetual ...

Morningstar equities research lead departs

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... "thoroughly through thick and thin, ups and downs", including working in the US when the Dow Jones Industrial Average hit its lowest level since 1962 and the height of the Cuban Missile Crisis. "At the close, the benchmark was at 627 and went on to bottom ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... workforce as a whole." Looking at the top five superannuation funds in Australia by membership, AustralianSuper has the lowest median gender pay gaps: 7.1% for base salaries and 8% for total remuneration. AustralianSuper said reducing the gender pay ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... in equities, while Canada and Switzerland have 31% and 30% respectively. Australia has only 14% allocated to bonds - the lowest among the top seven countries. The UK and Japan show a big appetite for bonds, allocating 58% and 56% respectively. Across ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... significant overlap with this group and LISTO eligibility," the SMC said. The two reforms can boost the super balances of the lowest paid women by 21%. These are two policy changes the SMC is putting forth to the upcoming federal budget in its submission. ...
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