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Showing 71 - 80 of 160 results for "Cost of living"

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
... Despite these concerns, ACTU secretary Sally McManus said: "Wage claims are always considered in the context of cost of living increases and broader economic conditions, but with profits at record levels, productivity high and labour's share of GDP ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... seeing this in all major economies... Consumers don't like inflation and interest rates compounding in terms of cost of living," he said. "What I really think that central banks will need to do is put the brakes on economies and really have that ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... $40 per week. The most significant changes since last year's review decision have been the sharp rise in the cost of living and the strengthening of the labour market. "The Panel concluded that given the current strength of the labour market, the ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
ASFA's latest insights show the annual increase in the cost of living for some retirees is the largest seen in 12 years. According to ASFA's Retirement Standard figures for the March quarter, Australians aged around 65 living a comfortable retirement ...

What the election result means for ESG

CASSANDRA BALDINI  |  FRIDAY, 27 MAY 2022
... a role here is challenging for investors." The government will need to balance ESG policies against addressing cost of living pressures in a rising rate environment. Frontier is advising clients to be mindful of a shifting policy backdrop, particularly ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... home buyers is a key part of his government's plan. On his policy, Morrison said: "This is how you help with the cost of living." "You let them use their own money, you don't lock it away from them where someone else is in control of it." BuyersBuyers ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... relatively unscathed from the political tensions that grip our allies. GDP growth has been slow as has productivity, cost of living has ballooned and wages have stagnated in spite of low unemployment, but to a great extent, the enduring legacy of superannuation ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... petrol prices dropped sharply." "We think this explains much of the lift in sentiment, though the focus on relieving cost of living pressures in the Federal Budget may have also played a part. "The fall in petrol prices is likely due to lagged effects ...

Labor promises cheap childcare, climate action

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
... investment in renewable energy. Like Treasurer Josh Frydenberg, Albanese focused much of his Budget reply speech on the cost of living. However, unlike the Treasurer, Albanese acknowledged stagnant wage growth as a factor and also acknowledged the impact ...

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
... development. The 2022 Federal Budget, handed down last night, delivered a cash splash for the defence forces and cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer ...