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Showing 11 - 20 of 215 results for "business conditions"

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

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... high recorded in July 2020 and the sixth straight monthly decline in the jobless rate. Moreover, Australian business conditions jumped to a new all-time high reading of 32 in April, bettering what was then the record high score of 24 in the previous ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
... to know to take meaningful action in the present." (Paul Saffo) Australia's economic recovery has sent business conditions to a new all-time high reading of 32 in April - bettering what was then the record high score of 24 in the previous month - ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
"March quarter 2021's moderate growth was influenced by regularly scheduled increases. Improved business conditions saw employers revisit wage reviews postponed during the height of the pandemic." This was how Michelle Marquardt, head of price statistics ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... Business Survey. But the bank's group chief economist, Alan Oster, had first dibs. Survey says... Australian business conditions jumped to a new all-time high reading of 32 in April, bettering what was then the record high score of 24 in the previous ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... domestic labour market but it would be slight given the elevated levels of business confidence and conditions. Business conditions in Australia jumped from a reading of +17 in February to +25 in March. This is the highest reading on record boosted by ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... government withdrawing its JobKeeker programme at the end of March - the survey was conducted from 19-31 March). Business conditions in Australia jumped from a reading of +17 in February to +25 in March. This is the highest reading on record boosted ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... states and industries reporting gains, except for retail" (NAB survey). In addition, the latest survey showed business conditions increased to a reading of +15 from +9 in January, "with trading, profitability and employment conditions all marking solid ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... November - double its long-run average of +6 and the best read since April 2018. The NAB survey also showed business conditions jumped to a 20-month high reading of +9, above the long-run average of +6. Improved consumer and business confidence would ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... recently seen in the NAB Business Survey for October, underscored by the sharp rebound in business confidence and business conditions. Australian business confidence jumped to a reading of +5 in October - the highest level since May 2019 - from -4 in ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... pessimists continue to outnumber optimists -- minus four in September from minus eight in the previous month. Business conditions also improved but only to zero from minus six in August. The government's response has also allowed the Reserve Bank ...