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The Latest Breaking News from Bureau of Statistics

Australia’s census is getting a stress test – keeping it going is good for everyone

The Australian Bureau of Statistics will roll out a large-scale census test next month.

The Conversation

New Australian data shows most of us have PFAS in our blood. How worried should we be?

The Australian Bureau of Statistics (ABS) has this week released new data which tells us about the presence of per- and polyfluoroalkyl substances (PFAS) in Australians’ bodies.

The Conversation

Australia’s inflation rate jumps to 4%, putting an RBA rate rise back on the agenda

A key measure of inflation has jumped, climbing to 4% in May after edging up from a recent low of 3.4% in February.

The Conversation

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Australia past 'peak tightness' in labour market, economists say

Rising unemployment and falling job vacancies may be signalling a turning point in Australia's labour market, economists say.

ABC News

Mind the gap: gender differences in time use narrowing, but slowly

The Australian Bureau of Statistics has released its first time-use survey in 15 years. The last time it collected such data, in 2006, Apple was yet to release the iPhone and Facebook was a start-up.

The Conversation

When will inflation peak in Australia? More regular data could help us find out

The Bureau of Statistics will publish inflation data on a monthly basis, rather than every three months, to better help economists keep track of how inflation is evolving.

ABC News

Annual inflation was 6.8 per cent in August, says Bureau of Statistics

New data show annual inflation was 6.8 per cent in August, down from 7 per cent in July.

ABC News

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If the PM wants wage rises, he should start with the 1.6 million people on state payrolls

If Prime Minister Anthony Albanese really wants to boost wage growth, there’s a simple way to do it.

The Conversation

Mortgage borrowers and renters told to brace for big financial hit by December

The full budget impact of the second most aggressive interest rate hiking cycle in the Reserve Bank's history is still months from being felt by millions of households.

ABC News

Australia's inflation rate is about to go monthly. Be careful what you wish for

Australia’s consumer price index is about to go monthly, meaning Australia will join most of the developed world in getting an update on inflation at the end of every month, instead of once every three months as at present.

The Conversation

How we invented 'unemployment' – and why we're outgrowing it

When Labor leader Anthony Albanese couldn’t quote Australia’s unemployment rate in the first week of the election campaign, many said it didn’t matter: the Australian Bureau of Statistics figure was “meaningless”; “fudged”; “manipulated”; and didn’t count all those who had registered for JobSeeker.

The Conversation

Expect the RBA to go easy on interest rate hikes from now on – we can't afford rates to climb as steeply as the market expects

By lifting its cash rate by 0.5 points, from 0.35% to 0.85%, the Reserve Bank has added about another $120 per month in payments for a A$500,000 mortgage.

The Conversation

Proof positive. Real wages are shrinking, Wednesday's figures put it beyond doubt

Every three months the Bureau of Statistics releases the lesser-known cousin of the consumer price index. It’s called the Wage Price Index (WPI) and it records changes in the overall level of wages, in the same way the price index records changes in the overall level of consumer prices.

The Conversation

Are real wages falling? Here's the evidence

You would be forgiven for being unsure about whether the buying power of wages was rising or falling. On one hand, Opposition Leader Anthony Albanese says wages are going backwards.

The Conversation

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The Conversation

Why the RBA should go easy on interest rate hikes: inflation may already be retreating and going too hard risks a recession

One of the stranger things about the Reserve Bank’s announcement of why it’s lifting interest rates by 0.25 percentage points is that it suggests inflation will come down by itself.

The Conversation

Inflation hits an extraordinary 5.1%. How long until mortgage rates climb?

Australian consumer prices jumped an extraordinary 2.1% in the first three months of the year, the biggest quarterly jump since the introduction of the 10% goods and services tax at the start of the century.

The Conversation

How can more people be on unemployment benefits than before COVID, with fewer unemployed Australians? Here's how

So low is Australia’s unemployment rate, the official count says there are now just 580,300 people unemployed – the least since 2009, when Australia’s population was one-sixth smaller than it is today. Compared to just before the start of the pandemic, 184,800 fewer Australians are now unemployed.

The Conversation

Forget the election gaffes: Australia's unemployment rate of 4% is good news – and set to get even better by polling day

When Labor leader Anthony Albanese couldn’t say whether the unemployment rate was 5% or 4% on Monday, he might have had a point.

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AAP

Jobs growth resilient in face of Omicron

New figures show the jobs market was slow to pick up in January compared with a year ago, which the Australian Bureau of Statistics partly blames on Omicron.

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