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Showing 171 - 180 of 1853 results for "The Australian Bureau"

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... 15th of this 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% ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
... Christmas 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 - ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... outlook for the 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 ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau of Statistics' (ABS) Private New Capital Expenditure and Expected Expenditure, Australia, Sep 2019 report showed actual ...

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
... growth back to 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 ...

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

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... government bonds fell to 1.06% (1.13%) as investors switched to these relatively higher yielding assets. The Australian Bureau of Statistics' (ABS) 'Labour Report' for August did it. Total employment grew by 34,700 heads in August - more ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... Standard 's piece delivered a day before " What price Australian budget surplus ? published on August 27. The Australian Bureau of Statistics' (ABS) latest private new capital expenditure and expected expenditure report justifies Financial Standard' ...

More jobs more problems: FSC

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
New data from the Australian Bureau of Statistics (ABS) shows 2.1 million Australians held multiple jobs in 2016-17, meaning they are likely to hold multiple superannuation accounts. The Financial Services Council (FSC) said the data should be strong ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
According to the Australian Bureau of Statistics, the average household wealth in Australia passed the $1 million mark in 2017-2018. The ABS said wealth in Australia has risen 37% in the last decade. ABS chief economist Bruce Hockman explained that ...