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Showing 221 - 230 of 779 results for "June quarter"

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
... good news is that, my back of the envelope calculations show that the wage price index has to grow by 0.18% in the June quarter (1.68% year-on-year) to match the Budget 2018/19 forecast of 2.25% growth. The tax cuts embedded in the Budget should also ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... 2016 to 1.95% over the past quarter. While now above the RBA's (February 2018) forecast of 1.75% by the end of the June quarter this year, it still falls short of the central bank's target. But what really is the Reserve Bank of Australia's target? We ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... to 2.1% in the year to the December 2017 quarter from 2% in the September quarter and the record low 1.9% in the June quarter. The chart below showing the negative correlation between growth in wages and the underemployment rate suggests that there's ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... increased by 5% in the year to the December quarter, slowing from 8.3% in the September quarter and 10.2% in the June quarter. Except for Darwin and Perth where house prices have been in declining (in year-on-year terms since the first quarter of 2015) ...

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
... reveals continued moderation in the quarterly growth rate to 0.4% from 0.6% in the September quarter and 1.1% in the June quarter. X-Y. Exports of goods and services fell by 1.8% while imports increased by 0.5% in the December quarter. While the increase ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
... December quarter, marginally above the previous quarter's 2% and not far above the record slowest 1.9% growth in the June quarter. A bit dated perhaps, but other household indicators show a similar trend. While it quickened from the 15-year low of 1.1% ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... contributed 0.1 percentage point to third quarter GDP growth, down from the 0.5 percentage point it added in the June quarter. More up-to-date data on retail spending - a subset of overall household consumption - show tentative signs that it's gaining ...

All up and all together now

BENJAMIN ONG  |  MONDAY, 4 DEC 2017
... growth rate. So will Australia's economic growth if consensus expectations for acceleration to 3% from 1.8% in the June quarter prove accurate. We'll find out this Wednesday when the Australian Bureau of Statistics (ABS) releases the September quarter ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
... continued to slow before registering outright negative year-on-year growth from the March quarter of 2013 to the June quarter of this year. The Australian Bureau of Statistics' (ABS) latest update shows that Australian companies might be starting to ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
... intervening years with year-on-year growth rising by as much as 3.8% (March quarter 2015) ans slowing by as much as 1.2% (June quarter 2016) but since then growth has sequentially accelerated to reach 2.3% in the year to the September 2017 quarter. The ...