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Showing 51 - 60 of 128 results for "Household Income"

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR | MONDAY, 15 JUL 2019

According to the Australian Bureau of Statistics, the average household wealth in Australia passed the $1 million mark in 2017-2018. The ABS said wealth in Australia has risen 37% in the last decade. ABS chief economist Bruce Hockman explained that ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG | TUESDAY, 11 JUN 2019

... at 10-year highs. Wages have been rising faster than inflation since March last year, suggesting rising real household income and spending, and by extension, raise inflation because it would allow UK businesses to pass on higher costs (largely due to ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG | WEDNESDAY, 3 APR 2019

... main domestic uncertainty continues to be the strength of household consumption in the context of weak growth in household income and falling housing prices in some cities." Speaking of household income, the Budget predicts the wage price index - up ...

Chief economist update: No credit to the RBA

BENJAMIN ONG | MONDAY, 1 APR 2019

... main domestic uncertainty continues to be the strength of household consumption in the context of weak growth in household income". Lately its added "falling housing prices in some cities" and hopin' and wishin' and prayin' that "a pick-up ...

Rich families stingier with charities

KANIKA SOOD | MONDAY, 25 FEB 2019

Wealthy families gave away a smaller slice of their household income in 2018 compared to those on the other end of the economic spectrum, a new study has found. Roy Morgan found that households bringing in $130,000 to $250,000 in household income gave ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG | THURSDAY, 21 FEB 2019

... February 2019 meeting). They've hoped that in the minutes of the February 2017 minutes: "Growth in wages and household income were expected to increase gradually." And again in Feb 2018: "...it was possible that ongoing strength in the demand for ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG | WEDNESDAY, 9 JAN 2019

... the past few months, "One continuing source of uncertainty is the outlook for household consumption. Growth in household income remains low, debt levels are high and some asset prices have declined." "Growth in household income low." While wages increased ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG | MONDAY, 10 DEC 2018

... forcing Fed to raise rates faster than planned. It also pointed out that while wage growth remains disappointing, household income has shown strong gains, particularly for poorer households. In addition, wages rising faster in regions where unemployment ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG | MONDAY, 3 DEC 2018

... correct in printing that: "One continuing source of uncertainty is the outlook for household consumption. Growth in household income remains low, debt levels are high and some asset prices have declined." "Growth in household income low." While wages ...

Financial advice as charitable giving

JAMIE WILLIAMSON | MONDAY, 1 OCT 2018

... cap of $1500 per couple per year for ongoing advice. To be eligible for financial advice, clients must have a household income of less than $100,000 a year and have total assets of less than $387,500 - the lowest threshold for the Age Pension. "If that's ...

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Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI | 12:39PM

The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA | 12:33PM

Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA | 12:10PM

ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI | 12:28PM

KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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