Search ResultsShowing 1 - 10 of 100+ results for "ABS"
Chief economist update: This is a job for the RBA (and the Treasury)
BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... 1.06% (1.13%) as investors switched to these relatively higher yielding assets. The Australian Bureau of Statistics' (ABS) 'Labour Report' for August did it. Total employment grew by 34,700 heads in August - more than three times market expectations ...
Chief economist update: Economy slows to decade low but still tops the pops
BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... addition to GDP because imports dropped by 1.3% "across the board with declines in all major categories", according to the ABS) but at the same time, indicative of weakening domestic demand - and the June quarter GDP growth would have been negative. ...
Chief economist update: The budget surplus can wait
BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... delivered a day before " What price Australian budget surplus ? published on August 27. The Australian Bureau of Statistics' (ABS) latest private new capital expenditure and expected expenditure report justifies Financial Standard' s prescription ...
More jobs more problems: FSC
ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
New data from the Australian Bureau of Statistics (ABS) shows 2.1 million Australians held multiple jobs in 2016-17, meaning they are likely to hold multiple superannuation accounts. The Financial Services Council (FSC) said the data should be strong ...
Australian fintech, Deliveroo partner
KRISTI CHENG  |  TUESDAY, 23 JUL 2019
... partnership will help tackle tax debt by offering the ability to automatically save a percentage of income to meet tax obligations. ABS statistics show managing cashflow can be one of the biggest challenges self-employed Australians face, with sole traders ...
Average Australian is a millionaire: ABS
ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... the Australian Bureau of Statistics, the average household wealth in Australia passed the $1 million mark in 2017-2018. The ABS said wealth in Australia has risen 37% in the last decade. ABS chief economist Bruce Hockman explained that in 2017-2018 the ...
Chief economist update: The turn in Australia's cycle from vicious to virtuous
BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
... growth in retail spending slowed to 2.4% in May from 2.8% in April from 3.5% in March. The Australian Bureau of Statistics (ABS) also recently released its "Job Vacancies" report, telling us, Australians all, to forget asking for a pay increase. Job ...
Chief economist update: Another rate cut on the cards
BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... depreciation in the A$/US$ exchange rate to as low as US$0.6902 immediately after the Australian Bureau of Statistics' (ABS) - from US$0.6949 a day earlier - released its 'Labour Force' report for May underscores the market's negative ...
Chief economist update: RBA to take rates to fresh record low
BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... and survey indicators have been weakening in recent months. Foremost of which is the Australian Bureau of Statistics' (ABS) recent update showing wage growth remains lacklustre. Private sector wages grew by 2.4% in the year to the first quarter ...
Fintech no real threat: Researcher
ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
... with just under half of small businesses that made less than $200,000 annually closing with in four years (based on 2014 ABS data).
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