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The Latest Breaking News from ABS

Jobs data on agenda as signs point to cooling inflation

Experts will examine job data and spending insights for a better idea of how the Reserve Bank will act when it returns for the first time in 2024.

AAP

'Softer' year ahead as spending and loan growth slow

After a year of surging rental prices and cost-of-living expenses, relief could be on the cards for borrowers with economists raising hopes for a soft landing.

AAP

Retail figures show we’re desperate for a bargain rather than flush with cash. The RBA should take note

When retail spending surges, the Reserve Bank can be tempted to raise interest rates – but analysing the economy requires an understanding of what is happening in the real world.

The Guardian - AU

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As Australian supermarkets are blamed over food costs, French grocer Carrefour targets Pepsi for 'unacceptable' price rises

French supermarket Carrefour has fired a warning shot in a price war with global food brands, dropping PepsiCo products last week because of “unacceptably high” increases.

The Conversation

Grocery giants conveniently slash prices, but will a Senate Inquiry go far enough?

It's almost like there's an inquiry in the air ...

Newcastle Herald

Canberra couple welcome Christmas baby, as Azlan roars into world

Azlan will share Australia's second-least-common birthday.

The Canberra Times

Work-from-home rates fall but skill shortages may delay full return to Australian offices

Staff may be eager to come back to workplaces out of concern about career progression, expert says

The Guardian - AU

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Promising jobs data fuels hopes of soft landing

Despite a higher-than-expected 61,000 jobs being added to the economy in November, the jobless rate lifted to 3.9 per cent.

AAP

Australia’s economic growth slows, reducing chance of another interest rate rise next year

Economy grows more slowly than expected, with consumer spending flat under the pressure of high interest rates

The Guardian - AU

Awareness, and a bit of scepticism, the best defence against scammers

ONLINE CRIMINALS: There's no shame in falling for a scam, so report it

Newcastle Herald

Government needs to act urgently to address ‘disappointing’ T-level uptake

The Prime Minister announced plans in October to introduce the Advanced British Standard (ABS) – a new single post-16 qualification.

The Independent UK

Is Australia in the grips of a youth crime crisis? This is what the data says

In recent months, there has been increasing focus on crime committed by young people in Australia. Politicians are coming under more pressure to respond to these well-publicised criminal acts and the public perceptions that Australia is in the grips of a youth crime crisis.

The Conversation

Fresh insights into retail sector, housing market

Consumers have been reining in their spending in response to high interest rates and new data may signal a continuation of this trend.

AAP

Advanced British Standard: A-level replacement will require more teachers – but bonuses may not be the way to get them

Prime Minister Rishi Sunak has announced a new qualification to replace A-levels and T-levels. The planned Advanced British Standard (ABS) will also come with more teaching time for students: an extra 195 hours over two years.

The Conversation

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The Conversation

Advanced British Standard: Sunak's proposed replacement for A-levels and T-levels could make education less divisive

Prime Minister Rishi Sunak has announced plans to scrap A-levels and the recently introduced T-levels. He unveiled proposals for young people to instead study the new Advanced British Standard (ABS) at the Conservative party conference in Manchester.

Pedestrian.tv

New Data Notes Surge In Mental Health Disorders In Young Aussies & I’m Pretending To Be Shocked

Anxiety disorders were the most common type of mental health condition recorded.

The Independent UK

Rishi Sunak scraps A-levels and reveals ‘Advanced British Standard’ replacement

PM promises teachers £30,000 bonuses to help deliver changes – but unions dismiss plan as ‘pie in the sky’

AAP

Transport spending accelerates as cost of petrol surges

Australians are forking out more on transport and less on alcohol, tobacco and household furnishings and equipment.

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news in one place.

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The Guardian - AU

More than a third of young Australians experienced mental health disorder in past 12 months

Mental health problems among young people have increased by almost 50% in last 15 years

The Independent UK

Rishi Sunak axes A-levels and reveals ‘Advanced British Standard’ replacement

PM promises teachers £30,000 bonuses to help deliver changes – but unions dismiss plan as ‘pie in the sky’

AAP

COVID-19 third-leading cause of Australian deaths, ABS

Nearly 10,000 Australians died from COVID-19 last year, the first time in more than 50 years that an infectious disease has been in the top five killers.

The Guardian - AU

Australian economy adds 65,000 jobs in August, raising prospect of further rate hikes

Unemployment rate remains steady at 3.7% in a sign that the economy could avoid a hard landing as impact of 12 interest rate rises is felt by households

The Guardian - AU

The RBA’s interest rate-rising looks done – and a soft landing for the economy could be on

Australia’s economy might be just where Philip Lowe wants it – barring any nasty surprise – as he hands over to Michele Bullock

The Guardian - AU

No interest rates rises predicted for Philip Lowe’s final RBA board meeting

Economists say interest rate pause likely for about a year as ABS releases weaker-than-expected economic data

The Guardian - AU

Australia’s inflation rate eased to 4.9% in July, down from 5.4% in June

Larger than expected fall reduces likelihood Reserve Bank of Australia will raise interest rates again

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