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Showing 1 - 9 of 9 results for "Bruce Hockman"

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... economic growth. But have no fear, Australia's headline deflation may just be a one-off. As ABS chief economist Bruce Hockman explains: "The June quarter fall was mainly the result of free child care (-95.0 per cent), a significant fall in the price ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... 1.4% through the year, according to figures released by the Australian Bureau of Statistics. ABS chief economist Bruce Hockman said this was the slowest through-the-year growth since September 2009, in the midst of the Global Financial Crisis. "[The ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... million mark in 2017-2018. The ABS said wealth in Australia has risen 37% in the last decade. ABS chief economist Bruce Hockman explained that in 2017-2018 the average household wealth was $1.02 million. In 2005-2006 it was just under $749,000. Property ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... as was the case in the previous March quarter." That's Australian Bureau of Statistics (ABS) Chief Economist Bruce Hockman take on the results of the Wage Price Index (WPI) report that showed wages - total hourly rates of pay excluding bonuses - ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... highest growth rate since September quarter 2015." That's Australian Bureau of Statistics (ABS) chief economist Bruce Hockman talking about the results of the Wage Price Index (WPI) report that showed wages - total hourly rates of pay excluding bonuses ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... to stabilise between 2-2.1% over the past four quarters." That's the positive spin from ABS chief economist Bruce Hockman. Not necessarily negative - wages are still growing after all - but the correct phrase should be wages growth had been painfully ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... quarter of 2017 from 13.2% in the third quarter and 13.8% in the second quarter. According to ABS chief economist, Bruce Hockman: "The results are in line with market indicators like falling auction clearance rates, and point to a continued moderation ...

Economic Wrap

ALEX DUNNIN  |  TUESDAY, 19 JUL 2016
... to see an increase in hours worked in 2016," said General Manager of the ABS' Macroeconomic Statistics Division, Bruce Hockman. The trend unemployment rate remained steady at 5.7%. The participation rate also remained steady at 64.8%. IT jobs boom Employers ...

Aussie jobs trend is our friend

BENJAMIN ONG  |  FRIDAY, 19 FEB 2016
... underlying behaviour of the labour market". And the Australian labour market trend series is our friend. According to Bruce Hockman - General Manager of ABS' Macroeconomic Statistics Division - "The trend shows that around 302,000 more people were employed ...
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