The three main ideas the ACTU proposes are: getting the RBA to focus less on inflation-targeting and more on “full employment”, increasing regulation of the labour market to ensure that “real wages grow at least as fast as labour productivity”, and using a raft of price controls across the economy.First, the RBA. The central bank
Author of the article: The Associated Press Joe Mcdonald BEIJING (AP) — Asian stocks were mixed on Monday after strong U.S. jobs data cleared the way for more interest rate hikes and China reported its exports rose by double digits. Shanghai and Tokyo advanced while Hong Kong and Seoul retreated. Oil prices edged higher. Wall
BEIJING — Global stock markets and Wall Street futures were mixed Friday ahead of an update on the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation.London, Paris and Frankfurt were lower while Shanghai and Tokyo advanced. Oil prices fell back. Investors were looking ahead to
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 18, 2022. REUTERS/StaffRegister now for FREE unlimited access to Reuters.comLONDON, Aug 5 (Reuters) – European equities slipped slightly on Friday but were still set for a weekly gain, while traders waited for U.S. jobs data due later in