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Showing 21 - 30 of 598 results for "December quarter"

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
... Miller believes the RBA may have overestimated inflation. "I think the RBA's projection for [inflation] across the December quarter was 3.4%... By forecast, the number would be around 3.2%, and I think it is sufficiently ahead of the RBA projection issued ...

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... adjusted, annual public sector wage growth was higher than private sector growth for the first time since the December quarter 2020. "Annual growth in the private sector was 3.5% in the September quarter 2024. This is the lowest private sector annual ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... like an anomaly," Sycamore said. "The RBA's forecast for the unemployment rate is for it to rise to 4.3% by the December quarter. If the current trend in the jobs data continues, the unemployment rate appears more likely to find its way back to 4%, where ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... could act, suggest the first potential rate cut at this stage would not come until February next year (after the December quarter CPI result in late January)."

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... inflation comes down without smashing the economy. Annual consumer price index inflation peaked at 7.8% in the December quarter of 2022 and has since declined to 3.6% as of the March quarter of 2024. The Reserve Bank of Australia expects this downward ...

South Australia recognised as 'economic leader'

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
... economic growth, recording an economic activity that was 9.1% above its long-term average level of output in the December quarter of 2023. New South Wales (NSW) came second with an output 8.6% above its long-term average, while Victoria took third place ...

ASFA Retirement Standard hits record high

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
The ASFA Retirement Standard for December quarter 2023 increased to a record high $72,148 per year for couples, and $51,278 for singles. The necessary lump sum for a "comfortable retirement" increased by 3.5% from last year. "Retiree budgets have been ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... Statistics, which defines a technical recession to include two or more consecutive quarters of contracting output. The December quarter's slowdown was driven by the services, production, and construction sectors. The services sector recorded three consecutive ...

IPO Capital clients receive payments from Mayfair 101

JAMIE WILLIAMSON  |  FRIDAY, 9 FEB 2024
... action against Mayfair 101, the group has resumed interest payments to lenders in IPO Capital. Payments for the December quarter have been made in full to more than 12 lenders after waiting for the group's liquidity position to improve. IPO Capital operated ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... inflation, down from a peak of 7.8% in December 2022. Meanwhile, trimmed mean annual inflation was 4.2% in the December quarter, lower than 5.1% in September 2023, and the peak of 6.8% in December 2022. Notable price increases this quarter included tobacco ...