Tag: ABS

Job figures out today from the Australian Bureau of Statistics indicate the economy is well on the way to recovery with Job ads up 12.1 percent in February.

Australia’s current account deficit came in worse than expected at a seasonally adjusted $17.46 billion in figures from the Australian Bureau of Statistics Most economists had expected a deficit of $17.1 billion for the December quarter. The ABS says this could subtract 1.3 percent from Australia’s economic growth figures for the quarter. With GDP figures […]

Interest rates are expected to stay on hold with quarterly wage growth easing in the December quarter, seasonally adjusted. With total hourly rates of pay, excluding bonuses, rising just 0.6 percent. Coming in under the market forecast of 0.8 percent. The wage price index rose 2.9 per cent from a year earlier in Australian Bureau […]