Tag: ABS

ABS data shows company profits have grown by 4 per cent, doubling the market expectation. Meanwhile, wages and inventory have fallen.

Official ABS figures released today show that the unemployment rate has fallen to 6.8 per cent in August, down from 7.5 per cent in July. This drop contrasts widespread predictions of rising unemployment. Despite stage 4 lockdowns in Melbourne and stage 3 lockdowns across regional Victoria, national employment increased by 111,000 people between July and […]

Recent figures released from the Australian Bureau of Statistics have confirmed that coal was Australia’s largest single export in 2018. A statement released this week from the Coal Council of Australia said that coal had now asserted its pivotal role in the Australian economy. “Historically coal has been Australia’s most significant export contributor, and the […]

Labor force figures released by the ABS this week show more than 403,000 jobs were created in Australia in 2017, with Minister for Jobs and Innovation Michaelia Cash proclaiming it the “best year for jobs growth ever”. The ABS figures also show that the number of jobs increased for the 15th straight month in December, […]

The price of electricity increased 8.9% last quarter, according to the latest ABS Consumer Price Index (CPI), prompting the nation’s peak employer body to warn that businesses are at ‘breaking point’.  The Consumer Price Index (CPI) rose 0.6 per cent in the September quarter 2017, with the most significant price rises that quarter being electricity (+8.9%), […]

Unemployment has hit a five-year low in NSW, dropping to 4.6% – more than a full percentage point below the next best state and almost a full percentage point below the national average. The latest figures from the ABS show 21,100 new jobs were added in September, about 2.5 times more than Victoria, the next closest state. […]

The number of dads using flexible working arrangements to care for their children has doubled since the mid 90s, according to the Australian Bureau of Statistics. Changing gender roles have meant more dads are opting for flexible work arrangements or turning to entrepreneurship, for a greater work-life balance. When I left the safety and security […]

The Census debacle last night highlights what not to do in business. At the height of a system malfunction when millions of Australians couldn’t log on to the ABS website to complete their Census the Prime Minister tweeted how easy and important it was: ‘We filled in the census tonight online – v easy to do. […]

Recent Australian Bureau of Statistics’ export figures show that Australia’s manufacturing industries continue to look overseas for export opportunities. According to ABS, 300 Australian manufacturers began exporting for the first time in 2015-2016. With international demand for Australian-made quality products, this is a trend that is likely to continue. In line with this trend, according […]

Unions are calling for the Abbott Government to make employment the focus of next week’s Federal Budget, as new ABS figures reveal an increase in unemployment.