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Search ResultsShowing 1 - 10 of 100+ results for "Australian Bureau of Statistics"
Unemployment hits 21-year high
ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
Figures released by the Australian Bureau of Statistics (ABS) show unemployment has risen to its highest in 21 years due to the effects of the COVID-19 lockdown measures. Employment decreased by 227,700 people, down 1.8%, between April and May this ...
Chief economist update: Honey, COVID-19 got me sacked
BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
... 5.2% in March to 6.4% in April to 7.1% in May - doesn't surprise. In fact, according to the Australian Bureau of Statistics (ABS): "Had the increase in the number of people who were not in the labour force between April and May (142,000) been a further ...
Chief economist update: Australian Renaissance
BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... escape a technical recession -- Federal Treasurer Josh Frydenberg acknowledged as much after the Australian Bureau of Statistics (ABS) released figures showing that GDP contracted by 0.3% in the March 2020 quarter - the 'OECD Economic Outlook, June ...
Property yet to show COVID-19 pain
ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... of COVID-19," he said. Kelly added that with the new lending to household data released by the Australian Bureau of Statistics, lending to households for investment in dwellings decreased 16.3% over the quarter and decreased 13.1% for owner occupiers. ...
Hundreds of billions ripped from super
HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... $3 trillion mark. But, COVID-19 momentarily set the sector back, according to new data. Latest Australian Bureau of Statistics data shows the super sector was smashed to the tune of $207.9 billion during the March quarter, as the total unconsolidated ...
Chief economist update: Australian recession - the next generation
BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... Department 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 ...
GDP figures reveal start of COVID-19 impact
ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... March 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 ...
Banks urged to step up
ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... macroeconomic policies but by society's efforts to contain a pandemic." He cited last week's Australian Bureau of Statistics data which showed 600,000 Australians had lost their jobs in April and another 750,000 had been stood down (or were on zero hours). ...
Chief economist update: Border brawl
BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... activity 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 ...
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 ...
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