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Showing 161 - 170 of 1950 results for "Australian Bureau of Statistic"

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

The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG | FRIDAY, 17 JUL 2020

"The Australian economy is fighting back." Prime Minister Scott Morrison's declaration referring to the bounce back in the Australian labour market wouldn't have rung hollow had it not been for the second wave in Victoria - the country's ...

Chief economist update: Victoria's secret

BENJAMIN ONG | MONDAY, 6 JUL 2020

In Fist of Fury, it is a sign stating "No dogs or Chinese" that draws the ire of the legendary Bruce Lee. But Australians are not seeing Victorians punching, kicking and screaming when the nation's five states and two territories put up the "No ...

Unemployment hits 21-year high

ELIZA BAVIN | FRIDAY, 19 JUN 2020

Figures released by the Australian Bureau of Statistics (ABS) show unemployment has risen to its highest in 21 years due to the effects of the COVID-19 lockdown measures. Employment decreased by 227,700 people, down 1.8%, between April and May this ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG | FRIDAY, 19 JUN 2020

With most of us, Australians all, only just emerging from isolation and many businesses still locked down or operating with limitations, the rising rate of unemployment - from 5.2% in March to 6.4% in April to 7.1% in May - doesn't surprise. In ...

Chief economist update: Australian Renaissance

BENJAMIN ONG | MONDAY, 15 JUN 2020

"Renaissance is a French word meaning "rebirth." It refers to a period in European civilisation that was marked by a revival of Classical learning and wisdom. The Renaissance saw many contributions to different fields, including new scientific laws ...

Property yet to show COVID-19 pain

ELIZA BAVIN | WEDNESDAY, 10 JUN 2020

House prices rose during the March quarter, despite expectations for the opposite, according to the latest statistics published by REIA. The research shows that during the March quarter the weighted average median price for houses for the eight capital ...

Hundreds of billions ripped from super

HARRISON WORLEY | FRIDAY, 5 JUN 2020

For a moment, Australia's superannuation system was beyond the magic $3 trillion mark. But, COVID-19 momentarily set the sector back, according to new data. Latest Australian Bureau of Statistics data shows the super sector was smashed to the tune of ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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