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Showing 1 - 10 of 24 results for "National Accounts report"

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
... economy shrank by much less than most of us were expecting. The Australian Bureau of Statistics' (ABS) National Accounts report shows that GDP declined by 1.9% in the three months to September 2021. This may be the third biggest quarterly fall on ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... feeling it deep right through our bone marrows - but the Australian Bureau of Statistics' (ABS) latest National Accounts report made it official, Australia is in recession! Australian economic growth contracted by 7.0% in the June quarter - the biggest ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... 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 three months of the year. But unlike in 2000, 2008 and 2011 ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... June quarter of 1991) with us, Australians all, merely waiting for the June quarter 2019's official National Accounts report that's expected to remain positive. What happens after that is anybody's guess! Still, recent survey and eco data ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
The Australian economy has slowed - big time. The Australian Bureau of Statistics' (ABS) National Accounts report showed that GDP grew by a mere 0.2% in the December 2018 quarter from 0.3% in the previous three-month period, taking the annual growth ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... investors must be wiping the sweats from their foreheads after the Cabinet Office released its latest National Accounts report and showed the country dodged a recession. Japanese GDP grew 0.3% in the December 2018 quarter following a 0.7% contraction ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
... occurred since November." The BOE was spot on. Perhaps it's already seen in advance the UK's National Accounts report for the December 2018 quarter, perhaps not. But the point is that the British economy has indeed slowed sharply in the last ...

Chief economist update: Another five minutes of sunshine?

BENJAMIN ONG  |  THURSDAY, 7 JUN 2018
... all, let us rejoice! Our economy is in pole position. The Australian Bureau of Statistics' (ABS) National Accounts report showed the economy expanded by 3.1% in the year to the March quarter, accelerating from the 2.4% in the previous quarter. This ...

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
Toto, we're still in Kansas! The Australian Bureau of Statistics' (ABS) National Accounts report showed the economy grew by 2.4% in the year to the December quarter - a tad slower than the 2.5% annual growth rate recorded in the same quarter of last ...

Boring is good

BENJAMIN ONG  |  WEDNESDAY, 6 SEP 2017
... the September quarter of 2016 to a high 1.1% surge in the December quarter of the same year. The latest National Accounts report show GDP growth accelerated to 0.8% in the second quarter of this year from 0.3% in the March quarter. But back to the RBA's ...
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