There is employment data due out from Australia today … and wow … it promises to be a wild old time. the Australian Bureau of Statistics have abandoned their previously announced results and … well … if you haven’t been following along read this: Economists quickly shift Australian employment report expectations on revision news

The Australian Treasurer Hockey is reported this morning in the press, with federal cabinet to consider a new “user pays” regime at the Australian Bureau of Statistics.

Hockey has asked Treasury Secretary Martin Parkinson to examine concerns over the employment figures

  • “I’m not writing out a blank cheque for the Australian Bureau of Statistics. I don’t write blank cheques,” he said.
  • “But we have been for some months working on a new plan for the Australian Bureau of Statistics including better utilisation of resources and also, importantly, better ways of collecting data and operating in a more contemporary fashion in the 21st century.”