Hanan Dervisevic's Comment & Analysis
A complete archive of Hanan Dervisevic's articles, including current analysis & opinion - Page 5
Around 2.7 million low-paid workers are set to benefit from this increase.
Key points
Minimum wage to increase by 5.75% from 1 July - wages will now lift to $22.61 per hour.
The Australian Council...
The Hays Salary Guide 2023-24 found almost all employers plan to increase salaries in a bid to attract new employees and discourage top performers from seeking higher paying jobs in a tight labour...
Total dwelling approvals fell to 11,594 in April, an annual drop of 24.1%.
Key points
ABS data shows total dwelling approvals fell 8.1%, the lowest level since 2012.
Rental and housing crisis...
The ANZ CoreLogic Housing Affordability Report revealed renters are handing over nearly one-third of their income to pay rent on a new lease as surging demand and falling supply fuel record breaking...
According to the Association of Superannuation Funds of Australia (ASFA), the annual budget for a comfortable retirement is a record $70,482 for a couple aged 65 and $50,004 for a single.
Key...
Traditionally, banks subject borrowers to stress tests to ensure they can comfortably afford mortgage repayments if interest rates were to increase by three percentage points above the applied rate.
...
In the public sector, base pay packets recorded the highest quarterly (0.9%) and annual (3%) wage growth for the sector in a decade.
Key points
ABS Wage Price Index (WPI) revealed wages grew 0.8%...
NAB lifted its expectation that the cash rate could rise two more times to repel still-high inflation.
Key points
NAB economists predict the cash rate to peak at 4.10% by July - there is a...
Premier Mark McGowan unveiled the budget on Thursday, which has a surplus of $4.2 billion, identical to the federal budget released on Tuesday.The 2023-24 budget includes more than $715 million of...
The decision to raise the cash rate by another 0.25% to a decade year high of 3.85% stunned the market with the overwhelming consensus forecasting this month’s call be another pause.
Key...