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Showing 131 - 140 of 1814 results for "The Australian Bureau of Statistics"

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
"I see trees of green, red roses too..." - Louis Armstrong It'll be peculiar to even be humming this immortal classic at a time when covid-19 continues to afflict most of the world. But the way it's going for this land down under, it wouldn't ...

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... percentage of household disposable income, have more than tripled over the period. According to the Australian Bureau of Statistics (ABS), in 2017-18, on average, the family home continued to be a household's largest asset in dollar terms, followed ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
The Australian Bureau of Statistics (ABS) has reported a large uptick in the number of Australians finding their way back into the workforce with 178,000 jobs added in October. "Today's job numbers confirm that Australia's economic recovery ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in September from 6.8% in the previous month and the underemployment ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
"We are one, but we are many And from all the lands on earth we come We'll share a dream..." - The Seekers Yes Virginia, we, Australians all, are one in anticipating Christmas to come on October 6 this year - the day when most expect the Reserve ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
"Australians all let us rejoice... in joyful strains then let us sing, Advance Australia Fair." It wasn't supposed to go this way. Given the re-imposition of lockdown in Melbourne and most Australian states "closed border" policy, financial markets ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
It was good - so good - while it lasted. But as the saying goes, "nothing lasts forever". It had been more than a generation since Australia experienced "the recession we had to have" back in 1990/91. The Australian economy withstood the US savings ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
Australian private new capital expenditure (capex) usually commands attention before and during its release for it provides an indication of domestic firms' optimism towards future growth as well as, itself, being a driving component of that growth. ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
Down, down, prices are down... big time! The Australian Bureau of Statistics (ABS) reported that the country's headline inflation dropped by 1.9% in the June quarter - the largest quarter on quarter decline in the 72-year history that the statistician ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... released. Unemployment has now hit 7.4%, the highest it has been in two decades, according to the Australian Bureau of Statistics (ABS). There were 210,000 jobs gained in the period but these were mostly driven by an increase in part-time employment ...