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Showing 11 - 20 of 100+ results for "Australian Bureau of Statistics"

Chief economist update: Home sweet home

BENJAMIN ONG  |  MONDAY, 7 JUN 2021
"Boom boom boom boom!" - Vengaboys The Australian property market should adopt this as its official anthem. The property craze in this Land Down Under is best portrayed by an article in the Daily Telegraph telling the story about "a mouldy 1970s house ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
In the words of Frank Sinatra, Australia's now "A-number one, top of the list, head of the heap, king of the hill..." Ol' blue eyes was, of course, singing about the Big Apple (New York) but comparing apples with apples, Australia's on top. ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
Australia's state of Victoria is back in lockdown. So are Victorians' irritation and anger at having their lives and livelihood restricted for the fourth time since the coronavirus began early last year. So are estimates of the cost to the state ...

Financial services job market hot: Hays

ELIZABETH MCARTHUR  |  THURSDAY, 27 MAY 2021
... more would better reflect their performance. While 3% might not sound like much to some, recent Australian Bureau of Statistics data shows wages growth of just 0.6% overall. The Hays guide is based on a survey of 3500 organisations, representing over ...

Chief economist update: China and Australia's interdependence

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2021
... lobsters to wine - into its shores, China remains our top export market. Preliminary estimates by the Australian Bureau of Statistics (ABS) show that the country's merchandise goods trade surplus expanded to A$10.1 billion in April - the third highest ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
... long-term average readings of 17 in March and 19 in Feb (long-term average is 6). More recently, the Australian Bureau of Statistics (ABS) reported that the country's unemployment rate fell from 5.7% in March to 5.5% in April - 0.2 percentage points ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... this went towards the rent or mortgage, and household and credit card bills. According to the Australian Bureau of Statistics, the average withdrawals were $7728 and $7536 across the two tranches. The institute said in retrospect, the government should ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... the height of the pandemic." This was how Michelle Marquardt, head of price statistics at the Australian Bureau of Statistics (ABS), explained the latest figures on the growth in wages in the domestic economy. Growth in total wages accelerated to 1.5% ...

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
The price of iron ore continues to heat up. It broke above the all-time high of US$191.70 a tonne recorded more than 10 years ago (February 2011) on 6 May 2021 and is currently fetching 215.48/tonne. This represents a 31.4% increase from end-2020's ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
Latest inflation figures released by the Australian Bureau of Statistics (ABS) underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. ...