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Showing 181 - 190 of 1958 results for "Australian Bureau of Statistic"

Banks urged to step up

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Reserve Bank of Australia governor Philip Lowe and APRA chair Wayne Byres have called on the big banks to support the Australian COVID-19 recovery, rather than their shareholders. Speaking during a FINSIA webinar, Lowe said over the past decade APRA ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
Forget Australia's simmering political and trade tension with China, there's one building right inside our very borders. Canberra's worried that Beijing's ban on beef imports, increased tariff on barley could extend to boycott of Australia's ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
"Tell him he's dreaming!" The Australian Bureau of Statistics' (ABS) report showing that the country's unemployment rose from 5.2% in March to ONLY 6.2% in April surely is a pleasant dream considering the nightmarish backdrop of the long ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
Fears super funds with memberships concentrated in the industries hit hardest by the COVID-19 shutdown would feel the pain of early release more are proving largely unfounded, with funds of all kinds seeing withdrawals. While much speculation surrounded ...

Unemployment already over 15%: Roy Morgan

KANIKA SOOD  |  MONDAY, 4 MAY 2020
April unemployment data released by Roy Morgan today paints a far gloomier picture of Australia's workforce than the Australian Bureau of Statistics' latest data from March. Roy Morgan found 15.3% of the workforce (2.16 million people) were unemployed ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
Mission accomplished! This would have been the Reserve Bank of Australia's (RBA) self-congratulatory exclamation after the Australian Bureau of Statistics (ABS) reported that annual headline CPI inflation accelerated to 2.2% in the March quarter ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
They were loathed, yelled at, vilified and even arrested - but the hordes of panic-buyers and toilet paper hoarders that invaded supermarkets, hardware stores, bottle shops, and businesses selling "work from home" wares may have collectively limited ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
If this is as bad as it gets, give me coronavirus everyday (well, hope not). The Australian Bureau of Statistics' (ABS) reported that employment increased (yes, it's up) by 5900 in March and the unemployment rate ticked up by an itsy-bitsy-teenie-weenie ...

COVID-19 could end Centrelink stigma

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
Long lines outside Centrelink branches have become defining images of the effect the COVID-19 pandemic has had on the Australian economy. But what impact will it have on the stigma associated with welfare? When Prime Minister Scott Morrison said 2020 ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
US stocks ended in a sea of red on Wednesday as bleak economic data and corporate losses shifted what had been an almost eerily optimistic sentiment towards trade over the last few weeks. US markets had made somewhat of a recovery of late, with the ...