Tag: Australian Bureau of Statistics

In a mixed bag of economic news, the Australian Industry Group (AIG) has expressed concern over the resurgence of cost pressures for manufacturers, despite a continued slowdown in consumer inflation. 

Victoria continues to spearhead Australia's economic recovery, showcasing robust job creation and sustained growth, according to recent data released by the Australian Bureau of Statistics (ABS).

The latest Deloitte Access Economics’ Business Outlook report has revealed Victoria is set to lead all states in economic growth over the next five years, highlighting the success of the state’s strategy for sustainable, job-creating growth.

Recent data released by the Australian Bureau of Statistics (ABS) has indicated that Victoria's regional unemployment rate was the equal lowest in the country for October, showcasing a remarkable figure of 2.8 per cent.

The Cook Labor Government has met its electoral promise of creating 125,000 new jobs well ahead of schedule, as reflected in today's Australian Bureau of Statistics labour force figures, with 133,532 jobs created since the target was established in 2021.

The Australian Producer Price Index has increased by 5.2 per cent in Q1 year-over-year versus a forecasted 5.0 per cent, while input prices to manufacturing rose 0.6 per cent over the quarter and rose 5.0 per cent over the past 12 months.

Victoria’s job growth ranks highest in the nation, with approximately 39,200 new positions filled last month, according to the latest figures from the Australian Bureau of Statistics. 

Australia's job vacancies dropped in the three months leading up to February, the third consecutive quarter of decline, but figures remain significantly higher than levels prior to the pandemic, indicating a competitive labour market, according to the latest Australian Bureau of Statistics (ABS) data.

For International Women's Day 2023, Western Australia Premier Mark McGowan and Women's Interests Minister Sue Ellery announced a $3 million investment to develop a new TAFE scholarship program to encourage women into industries that are typically male-dominated and assist with financing their training costs and other associated expenditures.

The Australian Bureau of Statistics’ (ABS) reported Wage Price Index (WPI) for the December quarter showed an increase in wages of 3.3 per cent yearly and 0.8 per cent from the September quarter.