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Showing 1 - 4 of 4 results for "ABS Chief Economist Bruce Hockman"

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... economic growth. But have no fear, Australia's headline deflation may just be a one-off. As ABS chief economist Bruce Hockman explains: "The June quarter fall was mainly the result of free child care (-95.0 per cent), a significant fall in the price ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... 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 Financial Crisis. "[The ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... 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 average household wealth was $1.02 million. In 2005-2006 it was just under $749,000. Property ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... to stabilise between 2-2.1% over the past four quarters." That's the positive spin from ABS chief economist Bruce Hockman. Not necessarily negative - wages are still growing after all - but the correct phrase should be wages growth had been painfully ...
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