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Showing 11 - 20 of 46 results for "Expectations Index"

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... 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 above its long-term average ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... and the highest reading in seven months. Both the current conditions index (up 3.6 points to 115.2) and the expectations index (up 1.6 points to 88.9) increased over the month. "let it snow, let it snow, let it snow". Yes Virginia, it's snowing jobs. ...

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

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
Unless a positive shock emerges over the next few months, expect the RBA to continue lowering interest rates and the Morrison government to increase fiscal spending (but only after it's achieved having the Budget surplus immortalised on paper). ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... five years (88.9 from 97.8); time to buy a major household item (114.5 from 119.6). While the unemployment expectations index improved to 131.8 in October from 133.6 in September - a positive - it's 7.3% higher than last year and above the long-term ...

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

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... conditions. The "Family finances next 12mths" sub-index plunged by 8.0% in the month of July. The "Unemployment Expectations Index" increased by 5.8% to a reading of 134.4 - taking it above its long-run average of 130. This suggests respondents anticipate ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... sentiment dropped to 98.8 in March from 103.8 in February. But for our purposes, the survey's Unemployment Expectations Index rose to a reading of 130.6, up 8.9% from the previous month and 7.2% higher from a year earlier - meaning that respondents ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
... year. The lead from the Westpac-Melbourne Institute consumer sentiment survey that shows the "unemployment expectations index" rising to a reading of 123.6 in January from 121 in December rounds out the not so good tidings for the Australian labour market. ...

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
... that's consistent with the Westpac-Melbourne Institute consumer confidence survey showing the unemployment expectations index falling from 130.8 in November to 127.6 in December and 122.8 in January - the lowest level in nearly seven years. Now, for ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... improvement fits with the latest Westpac-Melbourne Institute consumer sentiment survey that showed the unemployment expectations index dropping by 2.4% (consumers expect lower unemployment ) to a reading of 127.6 in December - the lowest since May 2011. ...