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Showing 151 - 160 of 1958 results for "Australian Bureau of Statistic"

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
"Never ask a barber if you need a haircut," Warren Buffett once famously advised. The barber's nod will invariably be met with opposition from shampoo manufacturers. Such is the divide between the Morrison government (the barber) and labour unions ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
Australia's consumer prices continue to recover from the 1.9% drop in the June 2020 quarter - the largest quarterly fall in the 72 year history of the CPI. However, the Australian Bureau of Statistics reported that the country's headline inflation ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
Australians all let us rejoice! Less than a week before the country celebrates its day, the National Statistician released its latest survey of the domestic labour market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
Payroll jobs had recovered to pre-COVID levels by early December 2020, according to figures released by the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said early to mid-December is a seasonal peak for jobs each ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown. Total household wealth increased 1.7% to a record high of $11.35 trillion ...

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
An ASIC investigation found group insurance cover is poorly designed and disclosed to members who are being defaulted into occupational categories with limited data. After looking at the practices of super funds, ASIC found a high proportion of members ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
Team Australia has done it! There are still some naysayers but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
It wasn't that long ago when financial markets expended much speculation on the outcome of the Australian Bureau of Statistics' (ABS) "Private New Capital Expenditure and Expected Expenditure" quarterly survey, for not only does it provide an ...

Chief economist update: It's looking up for the land down under

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
It keeps getting better and better for Australia. Only yesterday, I penned about things bright and beautiful developing in Australia - its success over containing the second wave and the consequent relaxation of restrictions and re-opening of state ...

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 ...