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    Labour market still tight as jobs jump amid continued migration surge

    Article

    The Australian labour market has consistently been one of the standout performers in the economy through this cycle. This strength continued in March, as 53k people were added to the labour force in the month. Strong labour demand has been met by a surge in labour supply, as migration has rocketed to its highest levels on record. But what about the future labour market outlook? And what will the RBA make of this strength?

    Watch this short video to find out more:

    Labour market still tight as jobs jump amid continued migration surge (3:00)

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    Working together to help people build a better financial future

    In the wake of the Final Report from the Quality of Advice Review, Matt Rady, CEO at BT, outlines why its incumbent on the industry to work together to push for meaningful reforms to financial advice to help people build a better financial future.
    Article
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    Weekly Economic Commentary

    The central banks of the US, UK and Europe held their nerve last week and pressed on with rate hikes despite turmoil in the banking sector and considerable financial market volatility. These developments themselves tighten financial conditions and led to speculation that central banks could pause rate hikes.
    Article
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    Looking into the future for financial advice tech

    Over time, we expect the technology that underpins platforms will evolve to provide even more support to advisers so they can help more clients in more ways. At BT, our aim is for platforms to make advisers’ lives, and the advice process, even easier. Richard Holmes, Chief Information Officer, shares our vision for some of the features advisers will likely be able to access through platforms in the future.
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    This document has been created by Westpac Financial Services Limited (ABN 20 000 241 127, AFSL 233716). It provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such. This information has been prepared without taking account of your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. Projections given above are predicative in character. Whilst every effort has been taken to ensure that the assumptions on which the projections are based are reasonable, the projections may be based on incorrect assumptions or may not consider known or unknown risks and uncertainties. The results ultimately achieved may differ materially from these projections. This document may contain material provided by third parties derived from sources believed to be accurate at its issue date. While such material is published with necessary permission, Westpac Financial Services Limited does not accept any responsibility for the accuracy or completeness of or endorses any such material. Except where contrary to law, Westpac Financial Services Limited intends by this notice to exclude liability for this material. Information current as at 10 December 2021. © Westpac Financial Services Limited 2021.