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Showing 31 - 40 of 1844 results for "The Australian Bureau"

GDP edges higher, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... gross domestic product (GDP) rose 0.6% in the December quarter 2024 and 1.3% through the year, according to the Australian Bureau of Statistics (ABS). "Modest growth was seen broadly across the economy this quarter. Both public and private spending contributed ...

Deflation continues, albeit slowly

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... Price Index (CPI) indicator rose 2.5% in the 12 months to January 2025, according to the latest data from the Australian Bureau of Statistics (ABS). "Annual CPI inflation at 2.5% in January was the same as it was in December 2024," ABS head of price ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... by offering more flexibility, such as notifying the victim to any changes to their policies. According to the Australian Bureau of Statistics (ABS), an estimated 2.4 million Australian adults have experienced economic abuse by a partner since the age ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... homes, regardless of what is happening with the workforce, interest rates or costs," she said. According to the Australian Bureau of Statistics (ABS) the economy spent $139 billion on housing construction in the year to June 2024. Some $83 billion was ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
... come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from July 1 the TBC will jump to ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
Treasurer Jim Chalmers has boasted about Labor's policies after the latest CPI reading from the Australian Bureau of Statistics (ABS) reported underlying inflation was now at its lowest point in three years. "Our headline inflation is now lower than ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
The consumer price index (CPI) rose 0.2% in the December quarter and 2.4% annually, the Australian Bureau of Statistics (ABS) has revealed. The most significant price rises in the quarter were recreation and culture (+1.5%), and alcohol and tobacco ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
Australia's labour market has remained strong in the December 2024 read, according to the Australian Bureau of Statistics (ABS). The seasonally adjusted unemployment rate rose by 0.1 percentage point to 4% in December. "With employment rising by 56,000 ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... rose 2.3% in the 12 months to November 2024, up from a 2.1% rise in the 12 months to October, according to the Australian Bureau of Statistics (ABS). The biggest jumps in prices were in food and non-alcoholic beverages (up 2.9%), alcohol and tobacco ...

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... for the eighth consecutive quarter, up 2.4% or $401 billion in the September quarter 2024, according to the Australian Bureau of Statistics (ABS). Total household wealth was $16.9 trillion in the September quarter, which was 9.9% ($1.5 trillion) higher ...