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Showing 121 - 130 of 1853 results for "The Australian Bureau"

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
... already above long-term average readings of 17 in March and 19 in Feb (long-term average is 6). More recently, the Australian Bureau of Statistics (ABS) reported that the country's unemployment rate fell from 5.7% in March to 5.5% in April - 0.2 ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... 2020. Most of this went towards the rent or mortgage, and household and credit card bills. According to the Australian Bureau of Statistics, the average withdrawals were $7728 and $7536 across the two tranches. The institute said in retrospect, the government ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... postponed during the height of the pandemic." This was how Michelle Marquardt, head of price statistics at the Australian Bureau of Statistics (ABS), explained the latest figures on the growth in wages in the domestic economy. Growth in total wages accelerated ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
Latest inflation figures released by the Australian Bureau of Statistics (ABS) underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. ...

ERS spending revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
The Australian Bureau of Statistics has revealed what people who accessed their super early due to financial hardship caused by COVID-19 spent the money on. The ABS found that 29% of people who accessed their super in the early release of super program ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... indicators began to turn for the better... even before the first Australian arm was inoculated with the vaccine. The Australian Bureau of Statistics' (ABS) latest 'Labour Force' survey indicate that this circle of virtue is gaining momentum. ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... of $7.5 million in February, notwithstanding China's restrictions on a number of Australian imports. The Australian Bureau of Statistics' (ABS) latest report on job vacancies provide a good forward view of the domestic labour market. According ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... the ashes of COVID-19 will forever be etched in this lucky country's - and the world's - history. The Australian Bureau of Statistics' (ABS) National Accounts show the Australian economy expanded by 3.1% in the December 2020 quarter, a bit ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... going, chances are the RBA is going to revise up its unemployment rate projections in three months' time. The Australian Bureau of Statistics' (ABS) reported that 29,100 workers found employment in January - in line with market expectations. ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... government's "JobKeeper" scheme beyond the end of March this year. Recent stats support Frydenberg's decision. The Australian Bureau of Statistics' (ABS) reported that 50,000 workers found employment in December - in line with market expectations. ...