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Showing 51 - 60 of 367 results for %22Labour Force%22

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... US$0.6902 immediately after the Australian Bureau of Statistics' (ABS) - from US$0.6949 a day earlier - released its 'Labour Force' report for May underscores the market's negative interpretation of what is seemingly a good set of stats. ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... Tuesday of June intensified after the Australian Bureau of Statistics' (ABS) publication of 'Catalogue 6202.0 - Labour Force, Australia, April 2019'. Australia's employment report has become a focal point for the RBA and the financial ...

Ageing population poses budget threat

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... Commonwealth budget." As Australia's largest generational cohort retires, the workforce will shrink. This slowing of labour force growth will reduce national income and tax revenue substantially. The $16 billion projected increase in spending represents ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... the total increase in Commonwealth receipts. Receipts growing so rapidly thanks to recovering commodities markets, labour force expansion and companies exhausting most of their GFC tax losses, has enabled Prime Minister Scott Morrison and his coalition ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... meaning that respondents expect Australia's unemployment rate to increase. Wait, there's more. The latest labour force report showed that total employment grew by a mere 4600 workers over the month of February. This is much less than market expectations ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... the deterioration of the domestic economy. In fact, the March RBA statement remains filled with optimism: "The Australian labour market remains strong."; "The central scenario is still for the Australian economy to grow by around 3% this year." Note ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
... revised forecast (from no change this year) came just after the Australian Bureau of Statistics (ABS) released its "Labour Force, Australia" report that showed: Total employment grew by a greater-than-expected 39,100 in the month of January that followed ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... will be a "year of two halves." Share markets will struggle on one side, while the US economy will prosper. The US labour force is in "terrific" shape and wage growth is accelerating, especially for low-wage employees whose pay are growing at 4% (minus ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... in these cities, and is expected to continue to do so for some time yet." Add to this the improvement in the Australian labour market and... we'll be right mate! But wait! This smacks of the same optimism ex-Fed chairman Ben Bernanke blurted out ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... Yellen's days her words that it would take about a 100,000 increase in jobs monthly to absorb new entrants to the labour force. Needless to say, they have all been absorbed... and then some. The unemployment rate has remained at a 49-year low of ...