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Economics

Australia Day: How the barbecue has changed

DARREN SNYDER  |  FRIDAY, 25 JAN 2019
Over the past 20 years, Australians have increasingly paid more for their meat at Australia Day barbecues. They're also more conscious about drinking alcohol to excess and should eat fruit salad.

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
The Australian Bureau of Statistics' latest tracking of the labour market shows that we've got jobs and they're multiplying.

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
There goes our overseas holidays as the cheap Australian dollar would force us to spend our "hard-earned" at home.

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
Expectations of falling house prices beget even lower house prices. This is because would-be homebuyers and property investors sit and wait for even cheaper prices thereby making it a self-fulfilling prophecy.

Royal Commissions puts pressure on finance sector job market: Sunsuper

HARRISON WORLEY  |  TUESDAY, 22 JAN 2019
Latest research from Sunsuper shows that despite the permanent job market actually rising over the last 12 months, the finance sector still took a significant hit in job demand.

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
You don't even need to see the numbers to know how completely different the International Monetary Fund viewed the world about this time last year.

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
US consumer sentiment declined in early January to its lowest level since President Donald Trump was elected. The decline was primarily focused on prospects for the domestic economy.

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
Homebuyers can afford to wait for property prices to come down some more, the RBA cannot.

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
Brexit uncertainty remains in the headlines but the recent decline in crude oil prices reflects both the slowdown in global activity (weaker demand) and the world central banks' more dovish leaning, easing inflation pressure.

Chief economist update: disUnited Kingdom

BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
It's ironic that for a country known as the United Kingdom, there seems to be an absence of well, unity.