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Benign jobs report won’t suit the doomsayers

October jobs data shows the economy isn’t faltering, even if we treat the ABS’s numbers with caution, Bernard Keane and Glenn Dyer write.

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CPI result shows soft wages offsetting the dollar

Australia’s already low inflation rate has fallen further, while wages are likely to remain subdued — meaning lower demand in the economy, something business isn’t very happy about, Glenn Dyer and Bernard Keane write.

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ABS jobs data bungle a real crisis for a critical agency

The admission by the ABS that its recent employment data are wrong is a real crisis for an agency that has endured years of cuts, Glenn Dyer and Bernard Keane write.

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Reserve Bank’s soothsayers right on the money

While the economy is softer than earlier in the year, recent data suggests it is running along the path anticipated by the Reserve Bank, Bernard Keane and Glenn Dyer write.

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Volatile jobs numbers break records, maybe not for the right reasons

A big fall in unemployment has more than reversed recent gains, but there are question marks over the figures.

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Weaker growth in June quarter rounds off a middling economic year

The economy slowed back to 2013 growth levels in the June quarter, today’s national accounts show, but labour productivity continues to perform strongly.

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Racism, double dissolutions and the ABS

Crikey readers pour cold water on hysteria over double dissolutions and bigotry.

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ABS cuts could undermine jobs data accuracy

Budget cuts mean there’s a question mark over how accurate the new set of jobs data really is, Glenn Dyer writes.

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Evidence suggests an economy tracking below trend

Data this week shows the economy has slowed in the June quarter, maybe significantly, write Glenn Dyer and Bernard Keane.

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The statistical struggle to get productivity right

The ABS is moving to revise how we understand productivity in one crucial industry, illustrating how complex this important debate really is, Glenn Dyer and Bernard Keane write.

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Economy coming off the boil as Stevens sets things straight for the markets

The economy is losing steam in the second quarter of the year, and the budget didn’t help. But RBA governor Glenn Stevens says interest rates will be steady for a long time to come, Glenn Dyer and Bernard Keane write.

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Flat jobs numbers have the economy marking time

This week’s jobs data aren’t anything to be worried about but it’s clear the strong economic start to 2014 hasn’t been maintained, Bernard Keane and Glenn Dyer write.

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An alternative — but more accurate — economic history from the ABS

The ABS’s revisions to previous GDP numbers show how dramatic the impact of the financial crisis was on the Australian economy, write Glenn Dyer and Bernard Keane.

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Strong GDP result delivers golden business conditions

The March quarter GDP result has delivered some of the best business conditions for years, and shows the extent to which Joe Hockey deliberately underplayed growth ins his economic forecasts, Bernard Keane and Glenn Dyer write.

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Are we in danger of choking off a recovering economy?

As we head toward the 2014-15 budget, we’ve been given a clear view of how the economy is travelling, and the risks of a harsh budget, Bernard Keane and Glenn Dyer write.

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Strong economic data, but will the RBA take away the punch bowl?

Fresh data shows that monthly volatility aside, the labour market is performing much more strongly than in 2013 — good news for Joe Hockey despite his gloomy forecasts, write Glenn Dyer and Bernard Keane.

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How the FWA was a miserable failure — at justifying business hysteria

Last year was the second lowest year for industrial disputes since records began. So much for business claims it would lead to industrial chaos.

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GDP data: while Hockey lamented, the economy picked up

The economy picked up in the December quarter, confirming that the picture painted by Joe Hockey last year was far worse than reality, Glenn Dyer and Bernard Keane write.

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Capex figures makes Hockey’s budget challenge that much harder

Yesterday’s private capital expenditure figures make for terrible reading — especially if you have a budget to prepare, Glenn Dyer and Bernard Keane write.

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Labour loss: unemployment hits 6% for the first time in a decade

Unemployment has reached a 10-year high but the news from the ABS today wasn’t all bad, Glenn Dyer and Bernard Keane write. Employers are hedging their bets on which way the economy will go.

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Brace for the r-word: steady job figures mask a sluggish economy

There’s no need for alarmism: the Australian economy will cope with the job losses generated by Holden, Qantas and other closures, Glenn Dyer and Bernard Keane write.

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Has the economy bottomed out? GDP data comes with warning

Despite today’s weaker-than-expected GDP data, there’s evidence the economy has bottomed and is now picking up, Glenn Dyer and Bernard Keane write.

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The ‘meh’ economy: more flat news from the statisticians

The Australian economy marked time at the end of the financial year and into the new one. The transition from the mining boom is by no means assured.

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Internet use: we’re more mobile, but we still need a cable

Crikey pops the hype over the widely reported percentage growth in wireless internet use, showing we use fixed-line internet connections more than ever.

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The surprise take away message for domestic online retailers

Instead of complaining about the GST, Australia’s retailers ought to look at who is doing well online here. And the answer might surprise them, write Glenn Dyer and Bernard Keane.

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