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Showing 61 - 70 of 1750 results for "The Australian Bureau of Statistics"

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
Australians all let us rejoice! Less than a week before the country celebrates its day, the National Statistician released its latest survey of the domestic labour market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... had recovered to pre-COVID levels by early December 2020, according to figures released by the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said early to mid-December is a seasonal peak for jobs each year, and the ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... wealth increased 1.7% to a record high of $11.35 trillion, according to the latest figures from the Australian Bureau of Statistics (ABS). ABS head of finance and wealth Amanda Seneviratne said the September quarter estimate surpassed the previous high ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of Statistics reported the domestic economy rebounded by 3.3% in the September quarter, recovering nearly half of the 7.0% lost output ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
It wasn't that long ago when financial markets expended much speculation on the outcome of the Australian Bureau of Statistics' (ABS) "Private New Capital Expenditure and Expected Expenditure" quarterly survey, for not only does it provide an ...

Chief economist update: It's looking up for the land down under

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
... with increased sales of the metal. Don't take my word for it, here's the latest from the Australian Bureau of Statistics (ABS): "Iron ore exports reached a record high of $10.9 billion, accounting for 36% of Australia's total exports... Total ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
"I see trees of green, red roses too..." - Louis Armstrong It'll be peculiar to even be humming this immortal classic at a time when covid-19 continues to afflict most of the world. But the way it's going for this land down under, it wouldn't ...

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... percentage of household disposable income, have more than tripled over the period. According to the Australian Bureau of Statistics (ABS), in 2017-18, on average, the family home continued to be a household's largest asset in dollar terms, followed ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
The Australian Bureau of Statistics (ABS) has reported a large uptick in the number of Australians finding their way back into the workforce with 178,000 jobs added in October. "Today's job numbers confirm that Australia's economic recovery ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in September from 6.8% in the previous month and the underemployment ...