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Showing 81 - 90 of 815 results for abs australian bureau statistics

Hundreds of billions ripped from super

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... $2.82 billion, the industry had crossed the $3 trillion mark in December of 2019, just months before the pandemic arrived. The ABS said super assets invested in shares lost almost $111 billion during the quarter, representing a 23% fall. According to ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... about where the June quarter is expected to be." Frydenberg's statement comes after the Australian Bureau of Statistics (ABS) released its March quarter 2020 National Accounts report that showed the economy contracted by 0.3% in the first three months ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... quarter and growth slowed to 1.4% through the year, according to figures released by the Australian Bureau of Statistics. ABS chief economist Bruce Hockman said this was the slowest through-the-year growth since September 2009, in the midst of the Global ...

Banks urged to step up

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... Reserve Bank of Australia governor Philip Lowe and APRA chair Wayne Byres have called on the big banks to support the Australian COVID-19 recovery, rather than their shareholders. Speaking during a FINSIA webinar, Lowe said over the past decade APRA ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... through the re-imposition of social distancing and lockdown measures. Latest data from the Australian Bureau of Statistics (ABS) and the CBA-Markit Economics surveys underscore the disastrous impact of restrictions has had on the Australian economy. ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
"Tell him he's dreaming!" The Australian Bureau of Statistics' (ABS) report showing that the country's unemployment rose from 5.2% in March to ONLY 6.2% in April surely is a pleasant dream considering the nightmarish backdrop of the long ...

Unemployment already over 15%: Roy Morgan

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... announced its JobKeeper package. However, Roy Morgan's April unemployment numbers is still much higher than the latest data from ABS, which was collected before shutdowns. "Roy Morgan's unemployment figure of 15.3% for April is now almost three times ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
... been the Reserve Bank of Australia's (RBA) self-congratulatory exclamation after the Australian Bureau of Statistics (ABS) reported that annual headline CPI inflation accelerated to 2.2% in the March quarter - higher than market expectations for ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... print (at best). Together, hoarders and panic-buyers sent Australian retail sales to what the Australian Bureau of Statistics (ABS) labelled "unprecedented demand" in March. Preliminary estimates by the ABS show that retail spending soared by 8.2% in ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
If this is as bad as it gets, give me coronavirus everyday (well, hope not). The Australian Bureau of Statistics' (ABS) reported that employment increased (yes, it's up) by 5900 in March and the unemployment rate ticked up by an itsy-bitsy-teenie-weenie ...