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Top related persons:
Jim Stanford - 2 Byron Kaye - 2 Loren Elliott - 1 Coles - 1 Brad Banducci - 1 Nausheen - 1 Archishma Iyer - 1 Krishna Chandra Eluri - 1
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REUTERS - 2 Centre - 2 Australia Institute - 2 Thomson - 2 Woolworths - 1 JPMorgan - 1 Macquarie Group - 1 Citi - 1

Search resuls for: "Jim Stanford"


3 mentions found


☆ Australia's Woolworths posts profit rise as price gains offset cost hikes
  + stars: | 2023-08-23 | by ( Archishma Iyer Byron Kaye | Archishma Iyer | Byron Kaye | ) www.reuters.com   time to read: +3 min
People walk past a Woolworths supermarket following the easing of restrictions implemented to curb the spread of the coronavirus disease (COVID-19) in Sydney, Australia, June 16, 2020. A day earlier, Coles said a cost blowout sent its underlying annual profit lower. Woolworths said its earnings margin from food was 6% in the year to end-June, from 5.3% a year earlier. The company gave no profit guidance except that growth in Australian food sales, its main earnings driver, remained strong although inflation was moderating. "We think the result will be taken well in the context of yesterday’s weaker result from Coles," Citi analysts said.
Persons: Loren Elliott, Coles, Brad Banducci, Jim Stanford, Byron Kaye, Nausheen, Archishma Iyer, Krishna Chandra Eluri, Stephen Coates, Muralikumar Organizations: Woolworths, REUTERS, JPMorgan, Macquarie Group, Citi, Centre, Future, Australia Institute, Thomson Locations: Sydney, Australia, Coles, Bengaluru
☆ Point of no return: Australians fight for the right to work from home permanently
  + stars: | 2023-08-01 | by ( Byron Kaye | ) www.reuters.com   time to read: +6 min
You can actually finish work at five, rather than finishing at five spending 45 minutes trying to get home." When you have a jolt, you never return to the way the world was," said John Buchanan, head of the University of Sydney's Health and Work Research Network. That same week, the public sector union struck a deal the which lets Australia's 120,000 federal employees request work-from-home an unlimited number of days. By comparison, Canada's federal workers ended a two-week strike in May with a wages agreement that came without the WFH protections they wanted. Among employees with WFH experience, 19% wanted to return to the office full-time, the survey found.
Persons: David Gray, SYDNEY, Nicholas Coomber, Coomber, Jamie Dimon, Elon Musk, John Buchanan, We're, Jones Lang Lasalle, Melissa Donnelly, WFH, Mathias Dolls, Jim Stanford, Stanford, Byron Kaye, Miral Organizations: REUTERS, JPMorgan Chase, Twitter, University of Sydney's Health, Work Research, Commonwealth Bank of Australia, National Australia Bank, NAB, European Union, Community, Public Sector Union, CBA, ifo, Macroeconomics, Stanford University, Workers, Centre, Australia Institute, Thomson Locations: Melbourne, Southbank, Australia, New Zealand, Tokyo, New York, JLL.N, Hamburg
☆ Labour turmoil sweeps Australia as inflation stirs 'spirit of anger'
  + stars: | 2022-11-29 | by ( Byron Kaye Sonali Paul | Byron Kaye | Sonali Paul | ) www.reuters.com   time to read: +8 min
But it is spreading across finance, energy, retail and aviation, threatening to push up labour costs in industries facing supply-chain bottlenecks and worker shortages. The turmoil is especially pronounced because union power was curtailed in Australia under laws in place since the 1990s. In the year to June, the average Australian wage rose 2.6%, compared with inflation of 6.1%, according to official data. Despite seven interest-rate hikes since May, inflation is set to climb further before subsiding in 2023, the government says. But in the current climate in Australia, workers are in no mood to back down.
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