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Showing 1 - 10 of 2593 results for "Statistics"

Australian economy growth 'stronger than expected'

RIDDHIMA TALWANI  |  THURSDAY, 3 SEP 2026
... in the Middle East. Household consumption grew by 0.4% in the quarter, and 1.8% annually. The Australian Bureau of Statistics (ABS) said discretionary spending led to the rise in consumption, with nearly half of the increase coming from higher growth ...

CEDA warns migration cuts will have economic spillover

RIDDHIMA TALWANI  |  WEDNESDAY, 2 SEP 2026
... to cap visas at 130,000 per year to ease pressure on housing, wages and infrastructure. Latest Australian Bureau of Statistics data highlighted that in the 2022-23 financial year 6.9 million jobs were held by migrants. CEDA highlighted around one in ...

Superannuation assets inch to nearly $4.8tn

KARREN VERGARA  |  TUESDAY, 1 SEP 2026
... the last financial year, marking a 9% rise, namely driven by the rise of industry funds. APRA's newly released statistics for the year ending June 30 showed Australians' retirement savings reaching another milestone of $4.77 trillion. Industry ...

Equity Trustees super exit sparks Hejaz Islamic Super and Pension closure

KARREN VERGARA  |  MONDAY, 31 AUG 2026
... had 2600 members and more than $98 million in retirement savings at the end of March, based on APRA's most recent statistics. On June 12, members' money was moved to cash and investment switching ceased. Hejaz Islamic Super will cease accepting ...

Mixed inflation data keeps August RBA meeting a 'live' one

RIDDHIMA TALWANI  |  WEDNESDAY, 29 JUL 2026
... rose 3.8% in the 12 months to June, down from 4% in the 12 months to May 2026, according to the Australian Bureau of Statistics (ABS). Housing came out to be the largest contributor to annual inflation for the month. Trimmed mean inflation remain unchanged ...

Jobs data surprises on the upside, rate hike on the cards

RIDDHIMA TALWANI  |  FRIDAY, 24 JUL 2026
... substantial 76,300 jobs in June, above the market consensus of 15,000 jobs creation, according to the Australian Bureau of Statistics (ABS). The unemployment rate remained ready at 4.4%. HSBC chief economist Paul Bloxham questioned if the rise is a more ...

FEATURE | Retirement | A layer of confidence

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
... notes. This is especially important as life expectancy continues to increase, with data from the Australian Bureau of Statistics (ABS) showing that Australians are living longer than they did several decades ago. Life expectancy at birth for males sits ...

Payday Super to tackle gender super gap: Aware Super

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... Aware Super chief executive Deanne Stewart said. Aware Super had 1.26 million member accounts at the end of March. APRA statistics show that 63% of its members are females. A recent survey from Rest found two-thirds of Australian businesses expect Payday ...

Inflation cools, RBA facing 'uncomfortable trade-off'

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2026
The Consumer Price Index (CPI) rose 4% in the 12 months to May 2026, according to the Australian Bureau of Statistics (ABS). "Annual CPI inflation in May was 4%, down from 4.2% in the year to April," ABS head of prices statistics Rachael McCririck said. ...

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter. Newly released APRA statistics show MySuper's assets under management (AUM) reached $1.16 trillion, while Choice products had $1.48 trillion at the ...
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