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Showing 11 - 20 of 68 results for "Wage Price Index"

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
Even before the coronavirus vaccine was injected before Australian Prime Minister Scott Morrison's arm a day before the national roll-out on the 22nd of February this year, this 'Land Down Under' has already been returning to pre-covid normality. ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... who have seen a lower dollar figures on their pay slips over the past quarter, but generally - and as the ABS wage price index report shows - our pay packets have still grown from a year ago. It's only the rate of growth in wages that has slowed. ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... lower dollar figures on their pay slips over the past quarter (cough, cough), but generally - and as the ABS wage price index report shows - our pay packets have still grown from a year ago. It's only the rate of growth in wages that has slowed. ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... latest update on the growth of wages among the country's workers is that it's not. The Statistician's "Wage Price Index" report showed total wages grew by 2.2% in the year to the December 2019 quarter - unchanged from the previous quarter ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... Westpac-Melbourne Institute index of consumer sentiment (along with retail sales - released on November 4). November 13: Wage Price Index November 14: Australian Labour Force Report Weakening employment growth has already been flagged by successive readings ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... quarter." That's Australian Bureau of Statistics (ABS) Chief Economist Bruce Hockman take on the results of the Wage Price Index (WPI) report that showed wages - total hourly rates of pay excluding bonuses - grew by 2.3% in the year to the March ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... 0.8% in the year to February 2019 (they were growing at around 2% per annum in the 1990s), while Australia's wage price index growth of 2.3% in the year to the December 2018 quarter is just a fraction of the 4.0%-4.5% annual rate registered in the ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... household income and falling housing prices in some cities." Speaking of household income, the Budget predicts the wage price index - up 2.3% in the December quarter - to grow by 2.5% in FY 2018/19 (still feasible) before accelerating to 2.75% the following ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... That's Australian Bureau of Statistics (ABS) chief economist Bruce Hockman talking about the results of the Wage Price Index (WPI) report that showed wages - total hourly rates of pay excluding bonuses - grew by 2.3% in the year to the September ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... due to the high level of Australian household indebtedness and more to the point, stagnant wage growth - the wage price index increased by just 2.1% in the June quarter (latest available) from 2% in the previous quarter. This is far slower than the 4%-4.5% ...