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Showing 161 - 170 of 1814 results for "The Australian Bureau of Statistics"

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... expectations with markets pricing in only a 24% chance of a February rate cut from 60% a day before the Australian Bureau of Statistics (ABS) release the "good news" on the domestic labour market. Not surprisingly, the Australian jumped by more than ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... of 134.0 points is above its long-term average of 130.0 and is 8.4% higher than a year ago. The Australian Bureau of Statistics (ABS) will release its December 2019 update on the labour market today. However, the estimates are likely to be distorted ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... month and the de-escalation of tensions between the US and Iran. All good but even better is the Australian Bureau of Statistics (ABS) latest update on the country's retail spending. The ABS reported that retail sales jumped by 0.9% in the month ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
... cheer) but the equity market didn't like it. The S&P/ASX 200 index closed 0.3% lower after the Australian Bureau of Statistics (ABS) released the latest update on the country's labour market. This is because good news is bad news - that is, the ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... resources sector..." Certainly, the "upswing in housing prices" would help but according to the Australian Bureau of Statistics (ABS): "Investment in new and used dwellings fell 2.8% in the quarter and 11.0% through the year, reflecting continued weakness ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
Uh-oh...we might be getting in trouble now. Not only are Australian households not lifting their spending despite the drop in the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
No RBA rate cut on race day, no more rate cuts... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... trend," Lowe said. This comes off the back of the release of positive employment figures with the Australian Bureau of Statistics reporting the unemployment rate fell to 5.2% in September. The Australian economy added around 14,700 new jobs for the month ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... market expectations for a 0.5% pick-up. That's the headline splattered on our screens when the Australian Bureau of Statistics (ABS) released its latest report on "Private New Capital Expenditure and Expected Expenditure, Australia, June 2019". The ...