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Showing 61 - 70 of 815 results for abs australian bureau statistics

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... 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 of $11.24 ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... strength of domestic household spending, "predominantly reflecting increased demand for consumption goods as restrictions lifted (ABS)". Brighter still is that households have the wherewithal to increase spending. Household disposable income has increased ...

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

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
... 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 indication of ...

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

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
... 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
... of socialising and reopening of businesses, that in turn, lifts demand for staff. The Australian Bureau of Statistics' (ABS) reported that 178,800 workers found employment in October - a pleasant surprise to markets that were expecting total jobs ...

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... 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 by superannuation. ...

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: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... While many have seen their wages stagnate, or even drop, this year the latest figures from the Australian Bureau Statistics (ABS) shows wages are up slightly from last year. "The September quarter is generally a quarter of solid wage growth, however ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... the Middle Kingdom's still supporting Australia's economy through trade. The Australian Bureau of Statistics' (ABS) 'International Merchandise Trade, Preliminary, Australia' report shows China remains our top export market - accounting ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
... were correct in expecting further deterioration in the domestic labour market. But the Australian Bureau of Statistics' (ABS) latest Labour Force update had me singing 'The Stylistics' -- "betcha by golly, wow" - and 'Chicago' -- ...