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Showing 31 - 40 of 66 results for "Wage price index"

Chief economist update: RBA sees wages growth recovering but it's not guaranteed

BENJAMIN ONG  |  WEDNESDAY, 14 FEB 2018
... changes - points to higher wages growth (therefore underpinning increased consumer spending) than reported in the Wage Price Index (WPI). However, in the same breath, NAB's best scenario is that this only indicates "an extended period of broadly stable ...

Chief economist update: iPhone and Black Friday sales ring up retail registers

BENJAMIN ONG  |  FRIDAY, 12 JAN 2018
... - the unemployment rate is at its lowest level since February 2013 (5.4%) - wage growth remains sluggish. The wage price index grew by 2.0% in the year to the September 2017 quarter, only a tad higher than the record low 1.9% increase recorded in the ...

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
... wages growth -- trimmed as they were from the May Budget - still looks optimistic given current indications (the wage price index grew by 2.0% in the year to the September quarter from 1.9% in the previous period). The MYEFO expects wages to grow by ...

Where in the cycle is Australia?

BENJAMIN ONG  |  FRIDAY, 17 NOV 2017
... confidence, consumer confidence retreated to levels where pessimists outnumbered pessimists in November. The wage price index report helps explain why. Annual growth in total wages picked-up a mere 0.1% from the record low 1.9% over the past four quarters ...

'tis the season to not be jolly

BENJAMIN ONG  |  THURSDAY, 16 NOV 2017
... "Grinchy" mood today, it's just the feeling I got after the Australian Bureau of Statistics (ABS) released its Wage Price Index (WPI) report showing that the country's employers continue to play Mr. & Mrs. Scrooge. Wages growth accelerated an eensie-weensie ...

Australian business conditions gone gangbusters

BENJAMIN ONG  |  WEDNESDAY, 15 NOV 2017
... consider the wages report that's also just been released. Wages growth in the September quarter - as measured by the wage price index - disappointed market expectations, recording no acceleration from the 0.5% quarterly rate recorded in the three-months ...

Wage freeze

BENJAMIN ONG  |  THURSDAY, 17 AUG 2017
The Australian Bureau of Statistics' (ABS) 'Wage Price Index' report for the June quarter confirmed what we, Australians all, already know...wages growth remains sluggish. Even market consensus got it on point. Growth in total wages stood still at a ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... latest NAB survey which showed a deceleration in labour costs and the Australian Bureau of Statistics' (ABS) wage price index that remained at a record low 1.9% in the year to the March quarter (the ABS will release the June quarter tally next week). ...

The power of optimism

BENJAMIN ONG  |  THURSDAY, 23 FEB 2017
... Australian wage growth... and it was weak. The good news is that wages grew in line with market expectations. The Wage Price Index - total hourly rates of pay excluding bonuses - increased by increased by 1.9% in the year to the December quarter -- unchanged ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 18 AUG 2016
... are likely to take some pressure off the Australian dollar allowing the Reserve Bank to be patient." Australia wage price index The bad news - the annual growth rate in Australian wages remained at its slowest pace since the ABS started collecting data ...