Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 815 results for %22ABS - Australian Bureau of Statistics%22

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... pressures and to begin budget repair," the strategy said. Pertinently, data today from the Australian Bureau of Statistics (ABS) shows the Consumer Price Index (CPI) rose 1.8% in the September quarter. Over the 12 months to September 2022, CPI rose 7.3% ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... inflation is sustained at just 5%, a rate well below the current 6.1% CPI estimate by the Australian Bureau of Statistics (ABS), retirees' nominal purchasing power will be halved over 14 years. Therefore, older Australian need a different approach ...

What's the deal with managed funds?

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... comparably, otherwise what are investors paying for?" Lallensack questioned. Meanwhile, the Australian Bureau of Statistics (ABS) has released research on the assets and liabilities of financial institutions that pool funds for investment, encompassing ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
The latest gender indicators from the Australian Bureau of Statistics (ABS) show that the pay gap between men's and women's salaries has persisted, leading to greater super balance disparity. The ABS said the difference in full-time earnings between ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
... they are pleased to see strong wages growth but noted it's still well short of inflation. Australian Bureau of Statistics (ABS) data shows the Wage Price Index rose 2.6% in the year to June, the highest annual rate of wages growth since 2014. However ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... June quarter, due to higher dwelling construction costs and automotive fuel prices," the Australian Bureau of Statistics (ABS) said. Annual trimmed mean inflation, which excluded large price rises and falls, increased to 4.9%; the highest level seen ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... hasn't subsided, leading experts to believe that aggressive rate hikes will continue. Australian Bureau of Statistics (ABS) data showed the number of jobs this month jumped by 88,000 people and unemployment fell by 54,000. ABS head of labour statistics ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... account for a return to near-trend growth with a tighter fiscal and monetary policy." National Accounts data released by the ABS showed that productivity has grown at almost twice the average rate over the past decade and that profits are increasing ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... matched up against some alternatives, Dunnin put forward. Rainmaker analysis revealed in the 10 years to the end of 2021, the ABS eight city house index increased only 6% pa, but in savage contrast, the Rainmaker MySuper index climbed 50% faster. Over ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came in above expectations and well above the Reserve Bank's targets. It was largely driven by new dwellings, automotive ...