Wage growth
The Chalmers offensive: Media blitz after rate cut hints at more cost-of-living relief
The government is keeping the possibility of further cost of living measures on the table as the latest data showed wages growing at the slowest rate in nearly three years.
- Shane Wright and Millie Muroi
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- Analysis
- Interest rates
Bullock follows rate cut with a bucket of cold water
Yes, the Reserve Bank has finally cut rates. But the economy is really struggling. And it is still propped up by government spending.
- Shane Wright
Surprise 3.9 per cent unemployment rate erodes rate cut chance
Anthony Albanese is hoping for interest rate cuts before the 2025 election. But a strong jobs market makes a rate cut decision tougher for the RBA.
- Shane Wright and Millie Muroi
Reserve Bank ‘stands ready’ for Trump economic fallout
Economists are worried about the tariff plans of incoming US President Donald Trump. The Reserve Bank says it’s ready to deal with turmoil.
- Shane Wright
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The multibillion-dollar question: How much more Labor is spending on wages
As high-stakes pay negotiations continue with nurses and rail workers, Treasurer Daniel Mookhey has defended extra spending on public servants.
- Matt Wade and Max Maddison
- Updated
- World markets
ASX slides as ‘Trump trade’ peters out on Wall Street; miners, banks fall
The Australian sharemarket remained in the red throughout the day on Wednesday, marking the index’s third consecutive day trading lower.
- Hannah Hammoud
Real wages are growing at highest rate since 2020. But it’s unlikely to last
After years of wage rises lagging behind inflation, they rose more than inflation in the year to September – but wage increases have already started to slow.
- Shane Wright and Millie Muroi
Nurses attack premier’s ‘offensive’ stance on pay after police win big
Premier Chris Minns says the demand for a 15 per cent, one-year pay rise is unfeasible unless other savings were found.
- Max Maddison and Angus Thomson
The clause in your job contract that costs you $500 a year – and Australia $7 billion
It’s not just chief executives. Almost half of Australian workers have signed contracts that restrict their ability to move jobs. New research shows the drag on the economy.
- Shane Wright
Kamala Harris says she’s ‘all in’. The bets might pay off for Donald Trump
Nevada has leant left for four straight elections. But on the streets of Las Vegas, Maria and Brian know Donald Trump is playing to win.
- Farrah Tomazin
Original URL: https://www.smh.com.au/topic/wage-growth-1mo4