Search ResultsShowing 1 - 10 of 100+ results for "Household"
Chief economist update: Working nine to five, barely getting by
BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... 2019 quarter from 0.7% in the previous one. This would impair Australian households' ability to pay down debt - household debt to disposable income stood at 186.5% in the September 2019 quarter (latest available) - and that long hoped for acceleration ...
Chief economist update: COVID-19 could hit Australia with triple whammy
BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
... total - consisting mainly, engineering products, including office and telecommunication equipment and parts, computers, household appliances and furniture, among others. Australian wholesalers and retailers of these products would have to source their ...
Chief economist update: It's the US consumer, stupid me
BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... exports were weak, largely reflecting sluggish growth abroad and trade developments ... the fundamentals supporting household spending remain solid". It's the consumer, stupid me. I underestimated the US consumer - them who account for around 70% ...
SG increase means lower wages: Grattan
HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... lower wage rises within the typical two to three year life span of enterprise agreements. Brendan Coates, Grattan's household finances program director and lead author of the study said Grattan's analysis proves the government should desert the legislated ...
Retirement funding system failing: Report
ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... recent survey, Australia's retirees do not feel fully supported by the Australia's retirement funding system," Household Capital said. "The three pillars of retirement funding have not, to date, adequately supported all Australians for several ...
Chief economist update: Turn the beat around
BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... revenues, leading to low inflation and, by virtue of CPI indexation, low wage growth that keeps downward pressure on household spending and by extension, the general economy. Makes me wonder if, apart from boosting the share and property markets, another ...
Millennials not attracted to property
ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
... Millennial investors over the coming decades? "It's difficult to say with certainty," Wayne said. "However, high household indebtedness, record low interest rates and low wage growth will make it difficult for the property market to deliver the returns ...
VanEck launches new income product
ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... VanEck said that several factors are holding back economic activity in Australia, keeping interest rates low. "Both household-debt-to-income and house-prices-to-income ratios are very high. Other than Switzerland, Australia has the highest level of household ...
Bank of Mum and Dad forking out serious dosh
ALLY SELBY  |  TUESDAY, 14 JAN 2020
... out an average $250-$300,000 to help their children afford a home deposit, according to retirement funding provider Household Capital's chief executive Josh Funder. "For a lot of Baby Boomers they enjoy such great longevity that their children don't ...
Chief economist update: Aussie Black Friday spend will end Saturday
BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... weren't able to coax highly indebted Australian consumers to go on a spending spree. As at the September 2019 quarter, household debt to disposable income was tracked at 187.0%. Especially not when wages growth remains stagnant - the annual pace ...
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