The expansion to the LSAP programme aims to continue to reduce the cost of borrowing quickly and sharply. Ongoing support for domestic economic activity is being provided through significant government spending on business assistance and household income support. Those who’ve already had a good go, get an even better go while the rest go nowhere. The lobbying to do so has been intense. Recent spending also reflected pent up demand resulting from the lockdown period. Recent indicators highlight that the faster return to social norms and a higher proportion of employees working from home has seen output and employment recover sooner than projected in our May Monetary Policy Statement. Copyright © 2020 The New Daily. And how will this one finish? Their real take-home pay shrank. h�bbd```b``�"��H��`��d� �,@$[9�d˲.���I1�i`�!D Across industries, annual wage growth in March 2020 ranged from 1.6 per cent for the information media and telecommunication services industry to 3.0 per cent for the health care and social assistance industry. Concern is ... Metals Mine™ is a brand of Fair Economy, Inc. Silver Crashes Most Since Lehman Bankruptcy, Money Stock (Preliminary Figures for July 2020), Hertz sold $29 million in stock despite SEC questions, U.S. Gold Exports Saw Modest Surge in H1 2020, RBNZ Boosts Large Scale Asset Purchase Program To Up To NZ$100Bln, Markets Are Fixated on the Wrong Bogeyman. As I’ve explained on these pages before, a 2.2 per cent pre-tax wage rise rounds down to a 1.8 per cent after-tax rise whether someone is on the median wage of about $60,000 a year or $100,000. That wage rises are too low to provide a lift in real purchasing power is a fact that escaped all the coverage of Wednesday’s December quarter wage price index announcement, with the exception of The New Daily. In my coffee shop copy, I didn’t see a story on what is one of the most important ABS releases each quarter.
• rose 2.1% over the year to March quarter 2020, easing to … The underutilisation rate climbed from 13.4 to 13.9 per cent of the workforce. This contributed to an easing in the annual rate of wage growth.
Recent indicators highlight that the faster return to social norms and a higher proportion of employees working from home has seen output and employment recover sooner than projected in our May Monetary Policy Statement. Just as retail daytraders started to flood into precious metals, with Robinhood's retail army making SLV one of their most popular positions just last Friday... table ... we got ... Hertz did raise millions of dollars through stock sales after its bankruptcy filing, after all. The Committees decisions are guided by the Reserve Banks mandate and our decision making principles on the use of alternative monetary policy instruments. • rose 2.1% over the year to March quarter 2020, easing to a rate last recorded in June quarter 2018.
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