Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 1880 results for "Australian Bureau of Statistics"

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
... long-term average readings of 17 in March and 19 in Feb (long-term average is 6). More recently, the Australian Bureau of Statistics (ABS) reported that the country's unemployment rate fell from 5.7% in March to 5.5% in April - 0.2 percentage points ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... this went towards the rent or mortgage, and household and credit card bills. According to the Australian Bureau of Statistics, the average withdrawals were $7728 and $7536 across the two tranches. The institute said in retrospect, the government should ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... the height of the pandemic." This was how Michelle Marquardt, head of price statistics at the Australian Bureau of Statistics (ABS), explained the latest figures on the growth in wages in the domestic economy. Growth in total wages accelerated to 1.5% ...

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
The price of iron ore continues to heat up. It broke above the all-time high of US$191.70 a tonne recorded more than 10 years ago (February 2011) on 6 May 2021 and is currently fetching 215.48/tonne. This represents a 31.4% increase from end-2020's ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
Latest inflation figures released by the Australian Bureau of Statistics (ABS) underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. ...

ERS spending revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
The Australian Bureau of Statistics has revealed what people who accessed their super early due to financial hardship caused by COVID-19 spent the money on. The ABS found that 29% of people who accessed their super in the early release of super program ...

Women participation rate booms

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... workforce has reached a record high of 61.8%, the latest employment statistics show. Citing new Australian Bureau of Statistics unemployment figures, Senator Jane Hume said Australia has achieved the highest female participation rate in the workforce ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
Australia is back! Back on track after its economy was cruelly interrupted by the COVID-19 pandemic. This space had been ranting about the virtuous cycle that had been circling around the nation since activity and business and consumer sentiment indicators ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
Some move the goalposts when they can't hit the target, but Prime Minister Scott Morrison did one better and all but abandoned his government's vaccine roll-out target. Taking to Facebook, Morrison announced on April 10 that: "The government ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... overseas growth, chances are Australia's GDP growth could be revised even higher. The latest Australian Bureau of Statistics (ABS) 'Labour Force' report shows total employment is 1800 scalps short of the tally recorded last year before the ...