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Showing 71 - 80 of 1844 results for "The Australian Bureau"

Inflation rises to 5.2%

CASSANDRA BALDINI | THURSDAY, 28 SEP 2023

... experienced a slight increase in the month of August, jumping to 5.2% from 4.9% in July. Data released by the Australian Bureau of Statistics (ABS) revealed that the major contributors to the price increase included housing (+6.6%), transport (+7.4%) ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI | WEDNESDAY, 6 SEP 2023

... the third consecutive month was to buy more time and further assess the impacts of previous hikes. Since, the Australian Bureau of Statistics has revealed GDP increased by 0.4% in the June quarter, mainly offset by exports and investments. While the ...

Latest CPI data provides case for rate pause

CHLOE WALKER | THURSDAY, 31 AUG 2023

... year and a half, encouraging thoughts that the Reserve Bank of Australia (RBA) tightening cycle has peaked. The Australian Bureau of Statistics (ABS) revealed the consumer price index (CPI) came in at 4.9% for July, well down on last month's 5.4%. Annual ...

Unemployment rate rises as gender wage gap narrows

ANDREW MCKEAN | FRIDAY, 18 AUG 2023

The Australian Bureau of Statistics (ABS) reported a 14,600 drop in employment in July, deviating sharply from the anticipated rise of 15,000 by economists. In July, the unemployment rate increased to 3.7%, up from 3.5% the previous month, despite economists' ...

Aware Super details new term deposit option

JAMIE WILLIAMSON | MONDAY, 31 JUL 2023

... super system is taxed at a maximum of 15c per dollar, or not taxed at all for pension members. According to the Australian Bureau of Statistics, the average Australian working full-time earns $1807 a week. Aware Super said if they invested $10,000 in ...

Inflation falls to 6%

CASSANDRA BALDINI | WEDNESDAY, 26 JUL 2023

The Consumer Price Index (CPI) has softened to 6%, however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive ...

Inflation drops to 5.6%

CASSANDRA BALDINI | THURSDAY, 29 JUN 2023

... Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant surprise following consistently high inflation figures since last April. Excluding volatile ...

Inflation rises to 6.8%

CASSANDRA BALDINI | THURSDAY, 1 JUN 2023

... to theories Australians could be in for another rate hike. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), exceeded economist predictions of 6.4%, and shows inflation is still sitting above the Reserve Bank of ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI | WEDNESDAY, 17 MAY 2023

... rate hike, the RBA is particularly concerned about weak productivity." Wage data also plays a role, with the Australian Bureau of Statistics figures released today showing the seasonally adjusted Wage Price Index (WPI) rose 0.8% in March quarter 2023 ...

March inflation drops to 7%

ANDREW MCKEAN | WEDNESDAY, 26 APR 2023

The Australian Bureau of Statistics (ABS) has reported a decrease in inflation, with the Consumer Price Index (CPI) falling to 7% in the March quarter. ABS head of prices statistics Michelle Marquardt attributed the decrease in inflation to a fall in ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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