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Showing 111 - 120 of 473 results for "June quarter 2014"

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

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
"There was a higher rate of wage growth recorded across the majority of industries in comparison to this time last year, reflecting the influence of improved labour market conditions. Annual wage growth at the Australia level was 2.3%, the highest growth ...

Chief economist update: As safe as Australian houses?

BENJAMIN ONG  |  THURSDAY, 8 NOV 2018
... Index' report showed the weighted average of eight capital cities house prices fell by 0.6% in the year to the June quarter (latest available) after growing 2% in the previous quarter. More up-to-date figures show home values continue to cheapen. ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... household indebtedness and more to the point, stagnant wage growth - the wage price index increased by just 2.1% in the June quarter (latest available) from 2% in the previous quarter. This is far slower than the 4%-4.5% annual wages growth rates seen ...

Chief economist update: Eurozone growth slowing fast

BENJAMIN ONG  |  WEDNESDAY, 31 OCT 2018
Uh-oh! Borrowing a quote from Robert Burns: "The best-laid plans of mice and men often go awry." It appears to be heading that way looking at the third quarter economic scorecard in the Eurozone. Advance estimates show that the single currency region's ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
Spend, spend, spend appears to be this year's overriding mantra of the US consumer. The slow start in the first quarter of 2018 had been replaced by back-to-back quarters of exceptionally strong contributions to overall growth from American household ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... "The direction of our next OCR move could be up or down". While New Zealand's economic growth has lifted in the June quarter - to a quarterly rate of 1.0% from 0.5% in the March quarter; 2.8% year-on-year from 2.6% in the first quarter - governor ...

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
Yesterday's European Central Bank's (ECB) Governing Council meeting would have been a big ho-hum were it not for some minor, albeit significant, tweaks in the bank's outlook. As expected, the ECB left interest rates unchanged - the benchmark ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
Et tu, Brute? The Australian version of the Shakespearean drama, Julius Caesar, that saw Prime Minister Malcolm Turnbull politically assassinated (and replaced with the Federal Treasurer Scott Morrison) in the dying days of August may have played a ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
Japan's economy grew 0.7% in the June quarter after contracting 0.2% in the March quarter. This is stronger than the Cabinet Office's preliminary estimate of 0.5% and is the fastest growth rate since the first quarter of last year (0.7%). This ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ...