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Showing 101 - 110 of 1853 results for "The Australian Bureau"

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... increased 6.1% 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 ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... society to ensure working people's living standards don't go backwards. Further to the ACTU's concerns, the Australian Bureau of Statistics (ABS) revealed that the household saving ratios had fallen. Head of national accounts at the ABS Sean Crick commented ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... global inflation levels have become calamitous. Yesterday, UK inflation hit a 40-year high of 9%. Likewise, the Australian Bureau of Statistics showed that Australia recently recorded a 5.1% inflation rate, the highest level seen in 20 years. Yellen ...

Investors sweat over inflation, interest rates: Survey

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
... concern, Guimatsia said. Note, this survey was undertaken prior to the release of the latest CPI data by the Australian Bureau of Statistics which saw a quarterly increase of 2.1% and annual increase of 5.1%.

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... greatest increases since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came in above expectations and well above the Reserve Bank's targets. It was largely driven ...

Inflation to retreat in 2022: Fund manager

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... global financial system." In Australia, inflation rose 3% in the 12 months to September 2021, according to the Australian Bureau of Statistics. This is benign compared to US inflation levels, which soared to a 39-year high of 6.8%, up from 2.3% at the ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
... lockdowns in the September quarter, the domestic economy shrank by much less than most of us were expecting. The Australian Bureau of Statistics' (ABS) National Accounts report shows that GDP declined by 1.9% in the three months to September 2021. ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... bottlenecks, prompting businesses and consumers to bid prices higher. But how's it going for Australia? The Australian Bureau of Statistics' (ABS) update on the country's wages suggests that the RBA is correct. The annual growth in the country's total ...

Economic recap: Week to September 3

BENJAMIN ONG  |  MONDAY, 6 SEP 2021
The Australian Bureau of Statistics (ABS) released its "National Accounts" report for the June 2021 quarter, and it was good... nay, it was great! The report showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking ...

ERS re-contributions won't be taxed

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... contribution cap. In total, super funds released $36.4 billion in 2020 under the ERS scheme. According to the Australian Bureau of Statistics, the average withdrawals were $7728 and $7536 across the two tranches.