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Showing 51 - 60 of 110 results for "Household Income"

Time to move beyond "cheap and generic" retirement products: Milliman

ALEX BURKE  |  WEDNESDAY, 7 MAR 2018
... exists between what people say they want and how they behave." To illustrate this, Gebler compared data from the Household Income and Labour Dynamics in Australia (HILDA) and Milliman's Expectations and Spending Profiles (ESP) Report. HILDA surveys about ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
"You may have noticed that at yesterday's meeting, the Reserve Bank Board left the cash rate unchanged at 1.5%, where it has been since August 2016." This is what RBA Governor Philip Lowe told his audience at the Australian Financial Review Business ...

Chief economist update: New Fed chief, same policy direction (but more transparent)

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
"Stocks, Treasuries Sink on Hawkish Powell Remarks: Markets Wrap" Bloomberg's headline just about sums up last night's activity on Wall Street that saw the S&P 500 index drop by 1.3%; the yield on 10-year Treasuries climb by three basis points to 2.89% ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... also important for wage growth (and pensions) because most are indexed to inflation. This doesn't augur well for household income and by extension, consumer confidence and spending. While consumer confidence have lifted in December and January, retail ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... also important for wage growth (and pensions) because most are indexed to inflation. This doesn't augur well for household income and by extension, consumer confidence and spending. Worse, it could lead to even lower inflation expectations further exacerbating ...

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
"The economy will continue growing at a robust pace. Business investment outside the housing and mining sectors will pick up, with exports boosted as new resource-sector capacity comes on stream. The strengthening labour market and household incomes ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... back on spending. Foremost of these is the ballooning household debt - it stood at a record 193.7% of disposable household income as at the June quarter of this year. With wages growth stuck at a record low 1.9% in the June quarter, there's only a very ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
It was a ho-hum event, the Reserve Bank of Australia's (RBA) 3 October board meeting, that is. The Australian central bank kept interest rates unchanged as widely expected. This takes to 14 the number of months the RBA has kept the official interest ...

A matter of assumptions

BENJAMIN ONG  |  TUESDAY, 26 SEP 2017
While most of the world's biggest central banks have embraced uber-transparency, the Reserve Bank of Australia (RBA) appears to still be subscribing to "fedspeak". It's still keeping Australians in the dark about its next policy movement. In its September ...

Not happy enough

BENJAMIN ONG  |  THURSDAY, 14 SEP 2017
... consumer spending and by extension, overall growth in the economy. The Australian Bureau of Statistics'(ABS) 'Household Income Account' report showed that the annual growth rate in gross disposable income slowed from 2.1% in the March quarter to a near ...