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Showing 131 - 140 of 1916 results for "Australian Bureau"

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... Standard 's piece delivered a day before " What price Australian budget surplus ? published on August 27. The Australian Bureau of Statistics' (ABS) latest private new capital expenditure and expected expenditure report justifies Financial Standard' ...

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 ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
... those members are aged between 25 and 55 and are likely to have financial commitments and dependents. Citing Australian Bureau of Statistics figures, the fund noted 68% of people aged between 25 and 55 are married, and added 37% of all couple families ...

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
... telling, the 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 ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
New research analysing Australian Bureau of Statistics microdata shows that more Australians are retiring owing money on their mortgage. The portion of homeowners between ages 55 and 64 that owe money on mortgages has tripled since 1990 - from 14% to ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... 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 underscores ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... sure, domestic economic and survey indicators have been weakening in recent months. Foremost of which is the Australian Bureau of Statistics' (ABS) recent update showing wage growth remains lacklustre. Private sector wages grew by 2.4% in the year ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... the current all-time bottom of 1.5% when its Board meets on the first Tuesday of June intensified after the Australian Bureau of Statistics' (ABS) publication of 'Catalogue 6202.0 - Labour Force, Australia, April 2019'. Australia's employment ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... assistance and education and training industries, as was the case in the previous March quarter." That's Australian Bureau of Statistics (ABS) Chief Economist Bruce Hockman take on the results of the Wage Price Index (WPI) report that showed wages ...