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Search ResultsShowing 1 - 10 of 18 results for "Australian National Accounts"
Chief economist update: Australia's gentle turning point to turn
BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... claim that, "the Australian economy appears to have reached a gentle turning point". The latest Australian National Accounts proved the truth in Lowe's statement. The domestic economy expanded by a better-than-expected 2.2% in the year to the December ...
Chief economist update: Australian economy gently turning which way?
BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... have reached a gentle turning point". Sadly, that's as good as it gets as the details of the Australian National Accounts provide sobering reading. At the margin, the country's GDP growth rate has slowed to 0.4% in the three months to September ...
Chief economist update: Economy slows to decade low but still tops the pops
BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... self-congratulatory remarks this time from Australia's Prime Minister and Treasurer for the Australian National Accounts show that it wasn't a "wonderful set of numbers". Instead, with economic growth slowing to 1.4% in the year to the June quarter ...
Chief economist update: The Budget surplus can wait
BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... Australia's (RBA) decision to cut interest rates to a record low of 1.25% just a day before the Australian National Accounts were released. While the RBA's rate reduction would certainly help, note that the RBA monetary policy transmission mechanism ...
Be careful what you wish for
BENJAMIN ONG  |  THURSDAY, 1 JUN 2017
... economy. This is because of the property market's large multiplier effect. The December quarter 2016 Australian National Accounts revealed that total dwelling investment accounted for only roughly 6% of GDP. Not much. But this underestimates the flow-on ...
Australia on top
BENJAMIN ONG  |  MONDAY, 6 JUN 2016
... recession for as long as they remember. The All Ordinaries index dropped by 1.0% on the day the Australian National Accounts were released and another 0.8% the next for good measure. Never mind that the March quarter numbers take the domestic economy's ...
Never good enough
BENJAMIN ONG  |  THURSDAY, 6 MAR 2014
... good but ... This is the overriding verdict of the country's oft-quoted economists to the latest Australian national accounts report that showed our economy grew by a larger-than-expected 0.8% (expectations 0.7%) in the December quarter and 2.8% year-on-year. ...
Buy me a house
BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2013
... we'll find out whether the economy continued to grow below trend in the second quarter when the Australian National Accounts are released - experts guess GDP growth of 0.6% on the quarter and 2.5% year-on-year.A That's still below trend growth of 3.0%. ...
It's just plain dumb
BENJAMIN ONG  |  FRIDAY, 7 DEC 2012
... long-term average in the current quarter". As they should. Because if one looks at the recently released Australian National Accounts, it's the government's "commitment" to a surplus - government consumption detracted 0.1 percentage point off third quarter ...
Waiting for the RBA to dance
BENJAMIN ONG  |  TUESDAY, 7 FEB 2012
... to reports, Australians have become penny-pinchers. They're now saving instead of spending. The Australian National Accounts reveal the household savings ratio have risen to 10.1% of disposable income in the third quarter of last year - far above the ...
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