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Showing 231 - 240 of 743 results for "March 2013 quarter"

Higher and higher

BENJAMIN ONG  |  MONDAY, 4 SEP 2017
... (annualised) in the June quarter, faster than the preliminary estimate of 2.7%. The strongest growth rate since the March quarter of 2015 was due to stronger contributions from the components that matter most: personal consumption expenditure (contribution ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
... profitability and therefore, business conditions and confidence. Growth in total wages remained at a record low 1.9% in the March quarter. But this isn't the problem for wages are still growing. The problem is real, growth in real wages (nominal wages ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... the Australian Bureau of Statistics' (ABS) wage price index that remained at a record low 1.9% in the year to the March quarter (the ABS will release the June quarter tally next week). As the RBA recently noted, "as wages are the largest component of ...

Powered by low-flation

BENJAMIN ONG  |  MONDAY, 31 JUL 2017
... transitory with growth in the economy accelerating to an annualised rate of 2.6% in the second quarter from 1.2% in the March quarter. But we all know that the stock market is forward looking. Certainly, investors are looking beyond the earnings and ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... Australian inflation has decelerated - headline inflation slowed to 1.9% in the year to the June quarter from 2.1% in the March quarter. Yet it's also picked up - the weighted median up to 1.8% from 1.7%; but it's also flat - a trimmed mean steady at ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... consumer spending. More so, given that real wages (nominal wages less inflation) has turned slightly negative in the March quarter of this year. The correlation between the unemployment rate and the NAIRU (non-accelerating inflation rate of unemployment) ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
... around US$66 per tonne FOB over the September and December quarters of 2017 to reach US$55 per tonne FOB in the March quarter 2018." It's still early days but the Treasury's forecast seems largely on track as iron ore prices have lifted to an average ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... rising momentum in its economy. China's GDP expanded by 6.9% in the year to the second quarter, the same rate as the March quarter but better than expectations for a slight easing to 6.8%. Retail sales growth accelerated to 11.0% in the year to June ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
... trending higher". I guess there's no way but up with the ABS' measure of wages growing at a record low 1.9% in the March quarter. But upbeat trading/sales conditions? Certainly, the latest retail sales report showed annual retail spending growth accelerated ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
... provided similar indications. The sentiment index for both large manufacturers (17 in the June quarter from 12 in the March quarter) and large non-manufacturers (23 from 20) improved to their best levels in more than three years. Small industries' sentiment ...