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Showing 61 - 70 of 1942 results for "Australian Bureau"

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... increased 6.1% in the June quarter, due to higher dwelling construction costs and automotive fuel prices," the Australian Bureau of Statistics (ABS) said. Annual trimmed mean inflation, which excluded large price rises and falls, increased to 4.9%; the ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... won't be renting or paying a mortgage and all spending figures have been adjusted for inflation and based on Australian Bureau of Statistics data. In developing the targets, Super Consumers Australia engaged with consumers, academics, regulators, industry ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... near-record inflation hasn't subsided, leading experts to believe that aggressive rate hikes will continue. Australian Bureau of Statistics (ABS) data showed the number of jobs this month jumped by 88,000 people and unemployment fell by 54,000. ABS ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... society to ensure working people's living standards don't go backwards. Further to the ACTU's concerns, the Australian Bureau of Statistics (ABS) revealed that the household saving ratios had fallen. Head of national accounts at the ABS Sean Crick commented ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... global inflation levels have become calamitous. Yesterday, UK inflation hit a 40-year high of 9%. Likewise, the Australian Bureau of Statistics showed that Australia recently recorded a 5.1% inflation rate, the highest level seen in 20 years. Yellen ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... will have much of an impact on anyone's ability to buy a home." To illustrate his point, Dunnin referenced 2021 Australian Bureau of Statistics data that shows the median home price increased $250,000; going from $960,000 to $1.2 million. This means ...

Investors sweat over inflation, interest rates: Survey

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
... concern, Guimatsia said. Note, this survey was undertaken prior to the release of the latest CPI data by the Australian Bureau of Statistics which saw a quarterly increase of 2.1% and annual increase of 5.1%.

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... greatest increases since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came in above expectations and well above the Reserve Bank's targets. It was largely driven ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
... remain high through to the end of 2024 and the transition to cleaner energy may be delayed. It comes as latest Australian Bureau of Statistics data shows the largest annual jump in CPI since 2000. The report from the World Bank says the war in Ukraine ...

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... issue, many retirees don't enjoy their retirement as much as they could as they are not confident spending. Using Australian Bureau of Statistics data, Super Consumers Australia calculated savings targets designed for homeowners, who make up 84% of retirees. ...