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Showing 141 - 150 of 1931 results for %22Australian Bureau of Statistics%22

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 ...

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG  |  FRIDAY, 26 APR 2019
... There's no other option for the Reserve Bank of Australia (RBA) to cut interest rates soon and twice. The Australian Bureau of Statistics' (ABS) consumer price index report showed headline inflation slowed to 1.3% in the year to the March quarter ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... need to acquiesce to mounting consensus expectations for at least one interest rate cut this year after the Australian Bureau of Statistics' (ABS) good news on the country's unemployment rate - it dropped to an eight-year low of 4.9% in February ...

Australia in effective recession: Academic

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
... the economy is already in effective recession, according to the University of New South Wales. Yesterday, the Australian Bureau of Statistics posted a 0.2% growth in gross domestic product for the three months to December 2018. Consumer spending grew ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
The Australian economy has slowed - big time. The Australian Bureau of Statistics' (ABS) National Accounts report showed that GDP grew by a mere 0.2% in the December 2018 quarter from 0.3% in the previous three-month period, taking the annual growth ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
... guess. At this point, it's looking dicey. His revised forecast (from no change this year) came just after the Australian Bureau of Statistics (ABS) released its "Labour Force, Australia" report that showed: Total employment grew by a greater-than-expected ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... back? But that aside, the latest update on Australian wages compels the RBA to provide some policy support. The Australian Bureau of Statistics (ABS) reported that wages growth remained unchanged at 2.3% in the year to the December quarter from the previous ...

Australia Day: How the barbecue has changed

DARREN SNYDER  |  FRIDAY, 25 JAN 2019
... barbecues. They're also more conscious about drinking alcohol to excess and should eat fruit salad. The Australian Bureau of Statistics (ABS) said sausages and lamb chops have seen price increases, in real terms, by 41% and 36% respectively over ...