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Showing 101 - 110 of 1750 results for "The Australian Bureau of Statistics"

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... resources sector..." Certainly, the "upswing in housing prices" would help but according to the Australian Bureau of Statistics (ABS): "Investment in new and used dwellings fell 2.8% in the quarter and 11.0% through the year, reflecting continued weakness ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
Uh-oh...we might be getting in trouble now. Not only are Australian households not lifting their spending despite the drop in the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
No RBA rate cut on race day, no more rate cuts... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... trend," Lowe said. This comes off the back of the release of positive employment figures with the Australian Bureau of Statistics reporting the unemployment rate fell to 5.2% in September. The Australian economy added around 14,700 new jobs for the month ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... market expectations for a 0.5% pick-up. That's the headline splattered on our screens when the Australian Bureau of Statistics (ABS) released its latest report on "Private New Capital Expenditure and Expected Expenditure, Australia, June 2019". The ...

More jobs more problems: FSC

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
New data from the Australian Bureau of Statistics (ABS) shows 2.1 million Australians held multiple jobs in 2016-17, meaning they are likely to hold multiple superannuation accounts. The Financial Services Council (FSC) said the data should be strong ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
According to the Australian Bureau of Statistics, the average household wealth in Australia passed the $1 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 ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
... annual growth in retail spending slowed to 2.4% in May from 2.8% in April from 3.5% in March. The Australian Bureau of Statistics (ABS) also recently released its "Job Vacancies" report, telling us, Australians all, to forget asking for a pay increase. ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
What do we want! More rate cuts! The depreciation in the A$/US$ exchange rate to as low as US$0.6902 immediately after the Australian Bureau of Statistics' (ABS) - from US$0.6949 a day earlier - released its 'Labour Force' report for May ...