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Showing 171 - 180 of 1993 results for "Australian Bureau"

Chief economist update: Is Dan still the man?

BENJAMIN ONG  |  TUESDAY, 8 SEP 2020
... lockdown would cost an extra 260,000 jobs on top of the 432,000 Victorians rendered jobless due to the lockdown. Australian Bureau of Statistics (ABS) data reveals that around 700,000 Victorians became unemployed since March this year. Job losses would ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... run. Not that we need to be informed - we were already feeling it deep right through our bone marrows - but the Australian Bureau of Statistics' (ABS) latest National Accounts report made it official, Australia is in recession! Australian economic ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... towards future growth as well as, itself, being a driving component of that growth. So it was surprising when the Australian Bureau of Statistics' (ABS) 'Private New Capital Expenditure and Expected Expenditure, Australia, June 2020' report ...

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
... numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades, according to the Australian Bureau of Statistics (ABS). There were 210,000 jobs gained in the period but these were mostly driven by an increase in part-time ...

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

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... around a quarter of national output. You too, Virginia, would be exclaiming the hallelujah when you see the Australian Bureau of Statistics' (ABS) 'Labour Force' report, the details of which all point to a "fight back". The economy added ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... Australia's unemployment rate surging from 5.2% in March to 6.4% in April to 7.1% in May - and according to the Australian Bureau of Statistics (ABS), had it not been for the decline in the participation rate, the jobless rate would have risen from ...

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
... unemployment - from 5.2% in March to 6.4% in April to 7.1% in May - doesn't surprise. In fact, according to the Australian Bureau of Statistics (ABS): "Had the increase in the number of people who were not in the labour force between April and May ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... it would not escape a technical recession -- Federal Treasurer Josh Frydenberg acknowledged as much after the Australian Bureau of Statistics (ABS) released figures showing that GDP contracted by 0.3% in the March 2020 quarter - the 'OECD Economic ...