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Showing 231 - 240 of 824 results for "Labour market"

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... rate cut from 60% a day before the Australian Bureau of Statistics (ABS) release the "good news" on the domestic labour market. Not surprisingly, the Australian jumped by more than half a percent versus the greenback but surprisingly, the All Ordinaries ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... over the next five years has deteriorated by 5.4% and 3.7% in the month of January. There's good news in the labour market - the unemployment expectations index fell by 2.9% in the month of January from December. But the reading of 134.0 points is ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
... 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 - that is, the good news on jobs bring bad news on expectations for another RBA interest ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... inflation reflects the direct effect of higher import prices and the rest comes from the indirect effects of a tighter labour market and stronger economic conditions." The AUD is key to how low Lowe goes.

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
RBA rate cut expectations strengthened after the release of worse-than-expected Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction ...

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

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... and 2021." Concluding with the assurance that: "The board will continue to monitor developments, including in the labour market, and is prepared to ease monetary policy further if needed to support sustainable growth in the economy, full employment and ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... negotiations. Not holding my breath given historical precedence of talk breakdowns but hoping for the best. The US labour market remains robust with the economy adding 128,000 jobs in October, way more than consensus expectations for just an 89,000 gain ...

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

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... statement are logical and valid. However, the jury's still out with regards to the latest update on Australia's labour market. The seasonally adjusted headline numbers were good, there's no question about that. Total employment increased ...

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

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... - portend not good tidings and explain the recent weakness in consumer confidence and retail spending. Given the labour market slack - the RBA thinks the unemployment rate could drop to around 4.5% without putting pressure on inflation - forget about ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... assured progress towards the inflation target. The Board will continue to monitor developments, including in the labour market, and ease monetary policy further if needed to support sustainable growth in the economy and the achievement of the inflation ...