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Showing 61 - 70 of 1819 results for "The Australian Bureau of Statistics"

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... said. Meantime, unemployment rose 0.1% in Australia in July to 4.2%, according to data from the Australian Bureau of Statistics (ABS). The small uptick in unemployment is good news for those hoping for a rate cut. A strong labour force could result in ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... have risen for all Australian household types in the June quarter, according to data from the Australian Bureau of Statistics (ABS). ABS head of prices statistics Michelle Marquardt said increases in living costs in the June quarter ranged from 1.2% ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price statistics Michelle ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... rate rose by less than 0.1 percentage point to 4.1% in June, according to data released by the Australian Bureau of Statistics (ABS). While a lower unemployment rate is normally a good sign for the economy, VanEck head of investments and capital markets ...

Job mobility falls for first time in three years

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... first time in three years, back to around its pre-pandemic level, according to new data from the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said in the 12 months to February 2024, around 8% of employed people, or ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
Data from the Australian Bureau of Statistics (ABS) revealed household wealth rose for a sixth straight quarter, by 2.7% in the March quarter to total $16.2 trillion. Residential land and dwellings was the largest contributor to quarterly growth in ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
Australians and the Reserve Bank of Australia (RBA) will be feeling disappointed after the Australian Bureau of Statistics (ABS) released the CPI indicator or May showing an annual increase of 4%, up from 3.4% in February. Canstar group executive, financial ...

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... and escalation framework. Financial abuse affects a significant number of Australians, with the Australian Bureau of Statistics reporting that 1.6 million women and 745,000 men have experienced financial abuse. It is also recognised in both state and ...

Financial services workers eye earlier retirement

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... financial services intend to retire earlier compared to the average worker, new data from the Australian Bureau of Statistics (ABS) reveals. Men who work in the finance and insurance industries intend to retire at 64 years old while women plan to do ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... money (80%). This is despite the reality that Australians' life expectancy lengthens. The Australian Bureau of Statistics estimates that men's life expectancy has reached 81.2 years for males and 85.3 years for females. Seventy percent of retirees ...