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The Latest Breaking News from ABS

Households are clearly cutting spending as rates rise. The RBA must heed this warning

The sharp fall in retail trade is more evidence the Reserve Bank should hold off raising interest rates further

The Guardian - AU

Business Hunter applauds 'unheard of' low regional jobless rates in latest ABS figures

Good news for Hunter although national economy 'in slow decline'

Newcastle Herald

Hunter COVID cases falling, but national fatality rate significantly above average

COVID causing 'excess' deaths says ABS

Newcastle Herald

From analysis to the latest developments in health,
read the most diverse news in one place.

Inflation data ‘unacceptably high’: Jim Chalmers

Australia's annual inflation rate has risen to a three decade high over the December quarter amid soaring power and grocery bills.

The New Daily

Inflation soars to three-decade high as power and grocery costs bite

Australia's annual inflation rate has risen to a three decade high over the December quarter amid soaring power and grocery bills.

The New Daily

Myer sales near two-decade high after department store posts strong Christmas

Myer has become the latest major retailer to report a bumper Christmas trade, revealing its strongest sales figures in nearly two decades.

The New Daily

2023 set to be 'huge year' for international travel with Australia returning to pre-pandemic levels

Searches for flights are soaring in Australia, according to data from Google. What are the top destinations Australians are flying off to? Here's what the latest data tells us.

ABC News

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Annual inflation hits 7.3 per cent

Housing, food and transport costs fed into a higher inflation score for November after a softer October result.

AAP

How housing made rich Australians 50% richer, leaving renters and the young behind – and how to fix it

Compared to the rest of the world, income inequality is not particularly high in Australia, nor is it getting much worse – until you include housing.

The Conversation

Don’t listen to Lowe: wages are slowing, not growing

To expect a wage-price spiral under current conditions is nothing but fearmongering from people who should know better.

Crikey

The ABS Has Dropped New Population Data It Turns Out People Fkn Love Moving To Queensland

Bad news for NSW tho.

Pedestrian.tv

Australia’s unemployment rate remains at 3.4% in November as 64,000 new jobs added

National jobless rate remains at near 50-year low as rebounding economy faces labor shortages from lack of migration

The Guardian - AU

Thousands more Australians died in 2022 than expected. COVID caused most deaths

Excess deaths this year were likely lower than the ABS estimate – but still overwhelmingly related to COVID and its effects on health.

The New Daily

Thousands more Australians died in 2022 than expected. COVID was behind the majority of them

Last month, the Australian Bureau of Statistics (ABS) released a report of mortality statistics. It showed that from January to July 2022, there were 17% more deaths (16,375) than the average expected for these months.

The Conversation

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AAP

Ultra-low unemployment to hold firm

The latest Australian Bureau of Statistics labour force data due this week is expected to show continued high competition for workers in the jobs market.

Newcastle Herald

Hunter businesses 'downbeat', new survey results show

Businesses in the Hunter region are more concerned than the NSW average when it comes to rising interest rates and energy costs, according to the latest Business Conditions Survey.

Crikey

RBA remains defiantly out of touch as shareholders enjoy a bonanza

Wouldn’t it be nice if the Reserve Bank stopped worrying about a wage-price spiral and focused instead on profit-greedy firms.

AAP

All eyes on last cash rate call for 2022

The Reserve Bank board will meet for its December cash rate decision next week and Australia's economic growth for the third quarter will be revealed.

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The Guardian - AU

Inflation may now have peaked. The RBA must tread carefully

The next worry for Philip Lowe is he’ll have to apologise for raising interest rates longer than needed

The New Daily

Inflation declines in October, offering some hope to cash-strapped shoppers

It feels like Australians have been bleeding money, so today’s announcement that inflation has eased slightly will come as a shock to many.

The Guardian - AU

Dip in Australia’s inflation rate in October raises hopes price rises may have peaked

Headline CPI rate eases from 7.3% to 6.9%, lower than economists’ expectations, but fuel prices still rose as full excise rate returned

ABC News

Inflation surprisingly eased last month as supply bottlenecks cleared

Inflation eases slightly in October, according to new monthly Bureau of Statistics figures, but the headline rate remains more than twice the Reserve Bank's target.

AAP

Inflation down but consumer pain lingers

Cost of living pressures eased slightly last month, although it's still too early to call the turning point for inflation.

AAP

Cost of living data top of watch list

Fresh data will reveal how sharply costs are rising and how well households are faring as financial pressures mount.

ABC News

One Nation senator Malcolm Roberts suggested there has been a decline in births related to COVID-19 vaccines. Is that correct?

One Nation senator Malcolm Roberts has suggested a "staggering decline" in births in data from the ABS is linked to COVID-19 vaccines. Is that correct?

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