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Showing 1 - 10 of 794 results for "Wages"

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... 7.4 years of income and superannuation which, based on average earnings of $70,626.40 a year, amounts to lost salary and wages of more than $522,635 and foregone superannuation of more than $54,880," AIST's modelling showed. More broadly, Maurice ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... the second half of next year," the ECB's Governing Council said. Domestic inflation, however, remains high as Europeans' wages are rising at an elevated pace. Labour cost pressures on the other hand are moderating, while profits are partially buffering ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive quarters at 4.2%. Conversely, this was higher than the 3.9% growth ...

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 ...
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