Search ResultsShowing 1 - 10 of 16 results for "Australian National Accounts"
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 ...
Growth spoiler
BENJAMIN ONG  |  TUESDAY, 18 JAN 2011
... purposes there would also be a price to pay in terms of economic growth. According to the latest Australian National Accounts, Queensland accounted for 19.6 per cent of the nation's total output in fiscal year 2009/2010. NSW made up 30.5 per cent and ...
While we wait for payrolls
BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2010
... target over the coming year, it is appropriate for interest rates to be closer to average." Today's Australian National Accounts report should affirm Governor Glenn Steven's post-meeting statement. The report is expected to show real GDP expanded by ...
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