Search ResultsShowing 1 - 10 of 100+ results for "ABS"
Chief economist update: A penny saved, a penny not earned by the economy
BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... "driven by a decline in income tax payable, which was impacted by the introduction of the low and middle income tax offset" (ABS) - household consumption rose by just 0.1% over the three-month period to its slowest pace since the December quarter of ...
Chief economist update: Australian economy gently turning which way?
BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... resources sector..." Certainly, the "upswing in housing prices" would help but according to the Australian Bureau of Statistics (ABS): "Investment in new and used dwellings fell 2.8% in the quarter and 11.0% through the year, reflecting continued weakness ...
Chief economist update: Lower rates still fail to animate
BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau of Statistics' (ABS) Private New Capital Expenditure and Expected Expenditure, Australia, Sep 2019 report showed actual total new private capital ...
Chief economist update: Reversal of fortune
BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... Group's report revealing that: "The total multiplier for output and employment in the construction industry is estimated by the ABS to be 2.866. So, for every $1 million increase in construction output, there is an increase in output elsewhere in ...
RMBS scrutiny could be loosened in US
ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... absence of SEC-registered RMBS offerings, I am interested in receiving feedback on whether any portion of the Commission's 2014 ABS rules are a significant contributing factor to this absence." The SEC rules require 270 data points for each asset (in ...
Chief economist update: RBA rate cut outlook
BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
No RBA rate cut on race day, no more rate cuts ... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia ...
Chief economist update: Rate cuts coming, but not on race day
BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... good picture of employment's general direction. Just try and discern the employment outlook from the chart below. The ABS' trend employment estimates shows persistent weakening in additions to total employment since mid-2018. Leading employment ...
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 ...
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