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Showing 71 - 80 of 1942 results for "Australian Bureau"

Inflation to retreat in 2022: Fund manager

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... global financial system." In Australia, inflation rose 3% in the 12 months to September 2021, according to the Australian Bureau of Statistics. This is benign compared to US inflation levels, which soared to a 39-year high of 6.8%, up from 2.3% at the ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
... lockdowns in the September quarter, the domestic economy shrank by much less than most of us were expecting. The Australian Bureau of Statistics' (ABS) National Accounts report shows that GDP declined by 1.9% in the three months to September 2021. ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... bottlenecks, prompting businesses and consumers to bid prices higher. But how's it going for Australia? The Australian Bureau of Statistics' (ABS) update on the country's wages suggests that the RBA is correct. The annual growth in the country's total ...

Economic recap: Week to September 3

BENJAMIN ONG  |  MONDAY, 6 SEP 2021
The Australian Bureau of Statistics (ABS) released its "National Accounts" report for the June 2021 quarter, and it was good... nay, it was great! The report showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking ...

ERS re-contributions won't be taxed

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... contribution cap. In total, super funds released $36.4 billion in 2020 under the ERS scheme. According to the Australian Bureau of Statistics, the average withdrawals were $7728 and $7536 across the two tranches.

Wage growth remains low

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
... 0.6% wage growth. The rate of growth over the quarter was one of the lowest rates recorded for the series," Australian Bureau of Statistics head of price statistics Michelle Marquardt said. The lowest quarterly wage growth by industry was 0.1% for the ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... know by how much, that the prices of consumer goods and services have gone up... until now. Figures from the Australian Bureau of Statistics (ABS) show that the country's annual headline inflation rate spiked to 3.8% in June from 1.1% in the March ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
... country." This could also be because Australia is facing the latest hurdle from a position of strength. The Australian Bureau of Statistics (ABS) reports that the country's unemployment rate dropped to an 11-year low of 4.9% in June - below the March ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... economy, the 'Big Four minus one' have very good reasons for their earlier than promised tightening. The Australian Bureau of Statistics' (ABS) 'National Accounts' show the Australian economy expanded by 1.8% in the March 2021 quarter ...

Chief economist update: Thank you, my frenemy

BENJAMIN ONG  |  THURSDAY, 24 JUN 2021
... believing that Beijing and Canberra have kissed and made up and let bygones be bygones. Preliminary estimates by the Australian Bureau of Statistics (ABS) show that the country's merchandise goods trade surplus expanded to a record $13.3 billion ...

Editor's Choice

Ausfood Super appoints chief executive

ELIZABETH FRY
Australian Food Super, the superannuation fund set up for employees in the meat industry, has named Michael Sykes as its new CEO.

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA
The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends.

Aussie shares cost 8% more on rebalance days: Dimensional

KARREN VERGARA
Investing in the S&P/ASX 300 on a day it rebalances puts an 8% premium on share prices, a phenomenon that follows major global indices, new research from Dimensional Fund Advisors finds.

Rest appoints first-ever chief of staff

ANDREW MCKEAN
Rest has appointed a senior wealth management leader and superannuation expert from Insignia Financial to take the reins as chief of staff.

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