News Articles for Australian Bureau of Statistics

The Australia Institute has linked rising prices to growing business profits, and claimed workers should not accept sluggish wage growth.

Western Australia has the largest gender pay gap in the country, with men earning an average $478.10 more per week than women in a state dominated by mining and construction.

Easing supply bottlenecks and a robust pipeline of work fed into a strong final quarter for investment activity in 2022, the Bureau of Statistics says.

Western Australia has recorded the largest drop in retail sales in December compared to other states and territories, according to the latest monthly retail turnover data released by the Australian Bureau of Statistics.

Western Australia's unemployment rate has risen one percentage point to 3.6 per cent in January, according to data released today by the Australian Bureau of Statistics.

Business News gauges the impact of rising interest rates in part one of a series revealing the pressures on borrowers and builders.

As the Reserve Bank board prepares to announce an expected 25 basis point rise in the cash rate, figures show Australian trade surplus slipping.

The latest retail figures show Australians are tightening their spending, falling 0.2 per cent in the December quarter.

WA retailers were hit by a big drop in sales over December, down 4.7 per cent on the prior month.

Perth has suffered its worst inflation in 32 years in 2022, with a big jump in the December quarter. Plus: Perth's biggest price rises in 2022.

Turnover in the arts and recreation industry has cooled after the sector recorded a more than 50 per cent growth rate in the year to September.

Australia's unemployment rate remains stuck at 3.5 per cent, with 14,600 jobs disappearing from the economy in the latest official statistics.

Master Builders Australia is calling for more action to tackle labour and supply shortages as new home builds drop while houses under construction hit a record high.

The Labor government expects wages will keep growing strongly as inflation moderates, ultimately leading to real wage growth by 2024.

A national study shows 41 per cent of Western Australian employers are planning to expand permanent staff numbers in an "ambitious" hiring this year.

WA exports have doubled over five years to be $256 billion in the 12 months to November, while the national trade surplus was $13.2 billion in that month alone.

Australian retailers reaped the benefits of Black Friday sales after hitting a sales record of $35.9 billion for November, according to the Australian Bureau of Statistics.

Matt Mckenzie with today's top headlines including Sun Cable, the Forrestfield-Airport Rail Link and data on inflation and job vacancies.

More jobs are available in Western Australia than the number of people looking for work, as strong demand propels the economy.

Food, housing and transport costs continue to smash households with inflation hitting 7.3 per cent nationally in the 12 months to November.

Perth's rental prices grew by 11 per cent in 2022, reflecting the trend across the country, but rental growth and residential listings slowed in the December quarter.

The treasurer has met with his counterparts from the US, UK, Canada and New Zealand to discuss the challenges facing their economies.

Mark Pownall and Mark Beyer discuss Warrego Energy, Blackburne, South West vineyards, Chevron, population and housing trends, AusGroup and Clough.

Jordan Murray covers the latest from Hancock Prospecting's bid for Warrego Energy and fresh data from the Australian Bureau of Statistics and CoreLogic.

THE Western Australian economy has continued to grow over the third quarter of this year, according to the latest Australian national accounts data from the Australian Bureau of Statistics.

A series of cash rate hikes by the central bank has not dented Australia's job market, with unemployment in WA at 3.5 per cent.

Senior editor Mark Pownall goes behind some of the stories that feature in this year's dynasties feature.

The eighth interest rate hike in a row has been met with indifference by consumers, with households likely banking on a pause at the next Reserve Bank meeting.

A plan promising a cap on gas and coal prices, potential subsidies for miners, and $1.5 billion for households, has been labelled a “radical intervention” by industry.

Matt Mckenzie and Simone Grogan discuss this morning's Success & Leadership event with Pilbara Minerals managing director Dale Henderson.

The state's economy grew 0.6 per cent in the three months to September, despite a fall in business investment.

The annual inflation rate has fallen to 6.9 per cent after the release of consumer price index data for October, after hitting 7.3 per cent the month before.

Senior journalist Matt Mckenzie talks about his work covering FIRM Construction's slide into administration, detailing what it means for subcontractors and the state government.

Retail sales were flat in WA in October, indicating consumers may have tightened their wallets in response to rising interest rates.

Black Friday sales may be feeding into slightly elevated consumer confidence scores as savvy spenders pounce on discounted items.

Grain farmers "nailed the jackpot" in a financial year where transport, ICT and the arts also delivered double-digit growth; and the state's economy increased by 3.1 per cent.

Senior editor Mark Beyer talks about his recent conversation with Sharon Warburton, and what her success as a company director means for women in search of board positions.

Rising interest rates and economic pressure have failed to dent WA's jobless rate, steady at 3.5 per cent, while national data hit a fresh record.

Wages are tracking upwards, growing by 3.1 per cent in the year to September, but still failing to keep up with the rising cost of living.

The cash rate has been hiked for the seventh consecutive month, up 25 basis points to be 2.85 per cent, as the Reserve Bank predicts inflation will hit 8 per cent this year.