Australia & New Zealand Chart Pack ANZ Chart Pack (Oct. 2024) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. The Antipodean central banks will tread different paths on policy over the forecast horizon. With the... 29th October 2024 · 1 min read
Australia & New Zealand Economics Weekly Governor Orr looks to temper rate cut expectations At a recent event, RBNZ Governor Adrian emphasised the need to take a measured approach to policy easing given the "lingering inflation persistence on the domestic side". His remarks support our view... 25th October 2024 · 5 mins read
Event ANZ Drop-In: Australian Q3 CPI and the timing of RBA rate cuts 1730253600 Australia is exceptional. Monetary easing cycles may be in full swing in many advanced economies, but the Reserve Bank shows no appetite to cut rates yet.
Australia & New Zealand Economics Weekly Tight labour market to keep RBA on the sidelines Following yesterday's blockbuster jobs report, financial markets have come around to our view that the Reserve Bank of Australia won't loosen policy before the first half of next year. That's a stark... 18th October 2024 · 4 mins read
Australia & New Zealand Rapid Response Australia Labour Market (Sep. 2024) With the labour market running red hot, the Reserve Bank of Australia won’t cut rates before the first half of next year. 17th October 2024 · 2 mins read
Australia & New Zealand Rapid Response New Zealand Consumer Prices (Q3 2024) The weaker-than-expected Q3 CPI data reinforce our conviction that the RBNZ will loosen policy more aggressively than most are expecting. 15th October 2024 · 3 mins read
Australia & New Zealand Economics Weekly RBNZ may consider a 75bp cut in November The RBNZ struck a rather dovish tone when it cut rates by 50bp at its meeting this week. We think that the Bank's concerns about the state of the economy are well founded, especially with new data... 11th October 2024 · 5 mins read
Australia & New Zealand Economics Update Central banks will shrug off oil price risks With the price of crude oil continuing to climb higher, we could soon see a resurgence in fuel inflation in both Australia and New Zealand. However, if we’re right that any pickup in oil prices will... 8th October 2024 · 4 mins read
Australia & New Zealand Economics Focus Introducing our House Price Leading Index Our new House Price Leading Index combines several leading indicators that capture the balance of supply and demand in Australia’s housing market and suggests that house price growth will continue to... 7th October 2024 · 7 mins read
Australia & New Zealand Economics Weekly Changes to housing tax breaks could hit rental supply The Australian government is reportedly considering clamping down on tax breaks for property investors. If the government did indeed reduce and/or phase out existing tax concessions, it would make the... 4th October 2024 · 4 mins read
Australia & New Zealand Economics Update Off-budget boost to spending won’t last The federal budget foresees an unusually large jump in cash outflows that don’t feed into the underlying cash balance in 2024/25. However, the actual boost to activity will be much smaller than the... 3rd October 2024 · 4 mins read
Australia & New Zealand Economics Update RBNZ will deliver a 50bp cut next Wednesday We expect the RBNZ to move its easing cycle up a gear and cut the Official Cash Rate by 50bp at its meeting next week. What’s more, given the Bank’s tendency to loosen policy aggressively, we think... 2nd October 2024 · 6 mins read
Australia & New Zealand Economics Update Australia CoreLogic House Prices (Sep.) With new listings rising rapidly, the housing market is shifting in favour of buyers. Accordingly, we think house price growth will ease further in the months ahead. 1st October 2024 · 3 mins read