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Showing 101 - 110 of 1955 results for "Australian Bureau of Statistics"

Unemployment rate rises to 3.7%

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
Australia's unemployment rate has risen to 3.7%, according to the Australian Bureau of Statistics (ABS). The ABS reported a decline in employment for the second consecutive month, following a period of robust jobs growth throughout 2022. Employment ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... rising to the highest annual rate of inflation in over 30 years. The figures were released by the Australian Bureau of Statistics (ABS) today and mark the fourth consecutive quarterly rise greater than any seen since the introduction of GST in 2000. ...

Salary inflation becoming S issue for ESG managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... issues on the agenda for ESG engagement this year. According to the latest data available from the Australian Bureau of Statistics (ABS), the Wage Price Index rose 1.0% in the September 2022 quarter, and 3.1% annually. The average size of hourly wage ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... inflationary pressures and to begin budget repair," the strategy said. Pertinently, data today from the Australian Bureau of Statistics (ABS) shows the Consumer Price Index (CPI) rose 1.8% in the September quarter. Over the 12 months to September 2022 ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... rate of inflation is sustained at just 5%, a rate well below the current 6.1% CPI estimate by the Australian Bureau of Statistics (ABS), retirees' nominal purchasing power will be halved over 14 years. Therefore, older Australian need a different ...

What's the deal with managed funds?

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... risk comparably, otherwise what are investors paying for?" Lallensack questioned. Meanwhile, the Australian Bureau of Statistics (ABS) has released research on the assets and liabilities of financial institutions that pool funds for investment, encompassing ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
The latest gender indicators from the Australian Bureau of Statistics (ABS) show that the pay gap between men's and women's salaries has persisted, leading to greater super balance disparity. The ABS said the difference in full-time earnings between ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
... said they are pleased to see strong wages growth but noted it's still well short of inflation. Australian Bureau of Statistics (ABS) data shows the Wage Price Index rose 2.6% in the year to June, the highest annual rate of wages growth since 2014. However ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... in the June quarter, due to higher dwelling construction costs and automotive fuel prices," the Australian Bureau of Statistics (ABS) said. Annual trimmed mean inflation, which excluded large price rises and falls, increased to 4.9%; the highest level ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... renting or paying a mortgage and all spending figures have been adjusted for inflation and based on Australian Bureau of Statistics data. In developing the targets, Super Consumers Australia engaged with consumers, academics, regulators, industry experts ...