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Showing 161 - 170 of 929 results for "unemployment rate"

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... and October employment numbers, bringing the three-month average growth in jobs to 205,000 (up by 29,000). The unemployment rate dropped back to a 50-year low of 3.5% from 3.6% in November. Optimistic consumers who have jobs will spend. While the annual ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... reached a gentle turning point" - backed up by its 2021 central scenario for the economy to grow by 3%, the unemployment rate to improve "a little below 5%", and inflation "expected to be close to 2%". The RBA's optimistic outlook is predicated on ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... Lowe told his audience at the Economic Society of Australia conference in Brisbane that: "In the event that the unemployment rate does not move lower with current policy settings, there are a number of options..." "...These include: further monetary ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... and services relative to goods and services produced overseas. "The pick-up in economic activity lowers the unemployment rate by around 0.4 percentage points to 41/2 per cent and raises year-ended trimmed mean inflation by around 0.3 percentage points ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... expected to lower GDP growth by 1/2 percentage point on average relative to the central forecasts, keep the unemployment rate at around 51/4 per cent (instead of declining to 5 per cent by the end of 2021) and keep trimmed mean inflation well below the ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... year to the September quarter; trimmed mean steadied at 1.6%; weighted median decelerated to 1.2%. Although the unemployment rate eased to 5.2% in September from 5.3% in the previous month, it has a long way to go to reach the 4.5%, the level which the ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... economy adding 128,000 jobs in October, way more than consensus expectations for just an 89,000 gain and the unemployment rate remained near September's 50-year low of 3.5% in September to 3.6% last month. These positive reports came just two days ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... good... if the economy operates in a vacuum. But it doesn't. Apart from inflation still below-target and the unemployment rate too, the experience of the past 24 hours proves this. The turn in RBA rate cut expectations, along with the Fed's overnight ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... words, full-timers will view their incomes as more permanent and therefore, would spend more. Likewise, the unemployment rate has declined to 5.2% from 5.3% in August (although this is partly a function of the fall in the participation rate from 66.2% ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... trend growth" next year. Lowe said the expected return to trend growth over the next year will help get the unemployment rate down and gradually lift wages. "I don't think it's the right assumption to make that we're going to have a lot more work ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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