The economy is picking up, and wages are about to climb: RBA governor Philip Lowe
Wages are about to stir, says Reserve Bank governor Philip Lowe
Wages are about to stir, says Reserve Bank governor Philip Lowe
This looks to be the best economic spring in years.
The Reserve Bank board has kept its cash rate on hold at a record low of 1.5 per cent for the 13th consecutive month, amid a host of signs that the economy is picking up.
According to the Housing Industry Association’s housing affordability index, Queenslanders spend an average of $2287 on monthly mortgage repayments.
Wages and salaries rose 1.2 per cent, or $1.6 billion, in the three months to June in a sign that businesses are finally willing to share their fortunes with workers.
Job advertisements rose for a sixth straight month in August, suggesting the strong pick-up in employment seen so far this year could run for a while yet.
Australia is stuck in an economic disconnect, and it's leaving the RBA with little choice but to leave rates on hold.
Housing affordability in Sydney has slumped to an all-time low.
Econocrats' job is to minimise the damage from lurch to populism.
Citi Australia plans to spend an extra $1.5 million on its Pathway to Progress program.
It's time to take a step back because people who should know better won't stop going into panic mode.
The number of Aboriginal Australians living in NSW and Victoria has doubled since 2001.
The only thing rising in August across local assets has been government bond yields as economic data underlined the divide between bullish companies and downbeat consumers.
I'm not sure big bosses today understand about sharing. Don't take it all for yourself.
In an economy growing at a moderate pace at best, the US job market keeps on shining.
The Australian dollar has jumped towards US 80 cents on Wednesday after building approvals and construction data were better than forecast.
Housing affordability is likely to be an issue for at least 40 years, with the demand for new homes needing bold policy, a major new report says.
The team at ABC's Four Corners assembled a thrilling package about the Australian property boom last Monday.
Britain will urge the European Union on Monday to show "imagination" in Brexit talks and help focus discussion on future ties rather than on a divorce settlement.
By broadly defending the financial rules put in place in the past decade, the Fed chair distanced herself from the anti-regulatory rhetoric of the man who will decide whether to replace her.
I'm starting to suspect the federal government – of whatever colour – has lost its ability to control its own spending.
Have a break. With the help of some of your best bureaucrats, I've got it from here.
If we're to believe what we're told, Australia's apprenticeship system is in crisis, with plunging numbers following cuts in government support.
House prices rose across most capitals in the past week and the number of auctions resulting in a sale continued to climb.
The Google memo was "deeply biased" says EY's Uschi Schreiber but there's more systemic issues on gender inequality.
There is still good reason to expect wages growth will pick up.
New data suggests landlords favour Airbnb-type rentals over long-term tenants, but the home-sharing website's impact on housing affordability remains contentious.
The dual citizenship chaos engulfing the government risks damaging how Australia is viewed by foreign investors and could threaten much-needed business investment, corporate leaders have warned.
Taxpayers are set to gain billions of dollars in revenue over the coming decade after multinational oil giant Chevron abandoned an appeal against the federal government over the way it structures its tax.
So, the Australian Bureau of Statistics told us this week, the rate of unemployment fell a click to 5.6 per cent in July. Trouble is, most people know the official unemployment rate understates the extent of the problem.
Turning home made treats into million dollar businesses.
The reality of Labor's proposed new tax rate payable by beneficiaries of family trust is that it will affect small business owners more than it will affect "wealthy individuals".