Australian Bureau of Statistics


THE NEWS WRAP: RBA tipped to provide a pre-Christmas interest rate cut

3:04AM | Monday, 11 March

The Reserve Bank of Australia has been widely tipped by economists to provide a pre-Christmas interest rate cut today, amid continued concerns about the strength of the economy.

THE NEWS WRAP: Australian CEO turnover rate hits record level

3:12AM | Monday, 11 March

The turnover rate of Australia’s top CEOs has hit record levels since the GFC, with one in four leaders of our largest businesses reportedly losing their jobs last year.

Australia’s wealthiest suburbs revealed: The suburb with an average salary of $132,252

3:13AM | Monday, 11 March

Residents of ritzy Melbourne suburb Toorak are Australia’s highest wage earners, taking home an average estimated income of $132,252.

Five key reasons why start-ups fail

11:35PM | Tuesday, 20 November

In a lively speech delivered last week, former opposition leader Malcolm Turnbull covered everything from hard hats and fluoro vests to the embracing of “creative destruction” in his critique of Australia’s start-up scene.

THE NEWS WRAP: Shorten lauds latest unemployment figures, but critics not impressed

3:00AM | Monday, 11 March

The Federal Government has hailed the latest unemployment figures, despite an economist claiming the 5.4% jobless rate is a “middle of the road” figure.

THE NEWS WRAP: Health overtakes retail as biggest employer

3:20AM | Tuesday, 12 March

The healthcare and social services sectors now employ more people than any other industry in Australia, according to results from the 2011 Australian census.

Organic retailers tipped to shine as industry value hits $1.27 billion

3:25AM | Tuesday, 12 March

More than one in 20 Australians purchase organic products on a regular basis, according to a new report, which predicts the $1.27 billion industry is set for 15% annual growth.

THE NEWS WRAP: Trade deficit blows out to $2 billion

3:58AM | Tuesday, 12 March

Australia’s trade deficit has topped $2 billion, the worst result since March 2008, with falling prices and the strong Australian dollar blamed for the dip.

THE NEWS WRAP: Jobless rate dips to 5.1%, slightly better than economists’ predictions

9:17PM | Thursday, 6 September

The national jobless rate fell to a seasonally adjusted 5.1% in August, according to the latest figures from the Australian Bureau of Statistics.

THE NEWS WRAP: Economists tip RBA to keep rates on hold for third month straight

9:20PM | Monday, 3 September

The Reserve Bank of Australia is expected today to keep interest rates on hold at 3.5%, for the third month in a row.

Caution urged over unemployment rate dip

8:06AM | Thursday, 9 August

Australia’s unemployment rate eased to 5.2% in July, according to new figures, although a Westpac economic note warns it would be “inappropriate” to interpret the fall as the start of a tumble in the jobless level.

Nike’s “House of Innovation” tipped to inspire start-ups

8:37AM | Thursday, 2 August

The London Olympics could be a boon for start-ups as they draw inspiration from major retailers such as Nike, which is allowing shoppers to compete against each other in virtual games.

South Australia and Victoria worst hit as company collapses rise

7:19PM | Thursday, 5 July

Company collapses increased by 1.7% in May, with businesses in South Australia, Victoria and the ACT hardest hit by Australia’s uneven economy.

THE NEWS WRAP: ABS figures reveal a flicker of hope for retailers

7:16PM | Wednesday, 4 July

There is a rare ray of sunshine for retailers in the form of new figures that show sales in May rose by an unexpected 0.5%.

Marketers urged to lift their game for non-English speaking consumers

7:46AM | Tuesday, 3 July

Businesses are being encouraged to rethink their advertising, with a new survey revealing a quarter of Australian consumers are being ignored by marketers due to ill-conceived campaigns.

Start-up innovation on the slide in Australia: Report

6:05PM | Wednesday, 27 June

The proportion of “innovation-active” businesses fell 5% in 2010-11 to 39%, according to the Australian Bureau of Statistics, with micro businesses among the least likely to innovate.

Mobile web searches surge as online orders hit $189 billion a year

6:06AM | Wednesday, 27 June

Micro businesses shouldn’t overlook the opportunities afforded by mobile optimisation, with new statistics revealing one in three Google web searches on mobile devices are local in nature.

Census data: Shifting, diverse population set to spur business opportunities

6:58AM | Friday, 22 June

The latest census data has highlighted several major business opportunities, namely the population explosion in resource-rich states, and Australia’s increasingly multicultural society.

Five intellectual property mistakes start-ups must avoid

6:41PM | Thursday, 21 June

Toiling away at a business only for a competitor to steal your product idea or brand may be the nightmare of many entrepreneurs, but research out this week shows that worryingly few are prepared to do anything about it.

Seven in 10 Aussie micro businesses have no IP protection: ABS

6:22AM | Tuesday, 19 June

Almost 70% of businesses with zero to four staff use no intellectual property protection methods, according to an alarming Australian Bureau of Statistics report.