Productivity Commission reviews Australian productivity performance while ABS monitors wage trends.
2 reports, 2 independent
Updated Sep 1
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What happened
Productivity Commission reviews Australian productivity performance while ABS monitors wage trends.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Productivity Commission provides cost data for Australia, while Shane Garrett comments on Australian housing trends.Sub-event
- Productivity Commission estimates GDP increase from efficiency gains.Sub-event
PC reviews productivity and ABS monitors wage trends in Australia.1 source
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The entities involved
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Productivity Commission
Australian Government's principal review and advisory body on microeconomic policy and regulation
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Australian Bureau of Statistics
federal statistics and census agency of the Australian Government
- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.
- The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.
Related events
- The Productivity Commission advises on national productivity issues, noting Australia's ranking behind Mexico.
- ABS reports on the current state of the Australian economy.
- Reports on the decline in Australian real wages.
- Wage moderation has eased, which is expected to reduce pressure on the Reserve Bank of Australia.
- The Australian Bureau of Statistics released figures detailing spending trends within the Greater Perth region.