Australia & New Zealand Rapid Response Australia Consumer Prices (Q3 2023) With price pressures being slower to abate than the RBA had anticipated, we think the Bank will deliver one final 25bp rate at its next meeting in November. 25th October 2023 · 2 mins read
Australia & New Zealand Economics Weekly Tight labour market bolsters case for a final rate hike The decline in Australia's labour force in September reinforces our view that net migration is providing less of a boost to labour supply than many had anticipated. Indeed, NAB's Q3 business survey... 20th October 2023 · 5 mins read
Australia & New Zealand Rapid Response Australia Labour Market (Sep. 2023) The September data suggest that the labour market could take longer to cool than the RBA currently expects. Accordingly, we still expect the Bank to hike by 25bp at its November meeting. 19th October 2023 · 2 mins read
Event ANZ Drop-In: Australia Q3 Inflation review – Is the RBA done hiking interest rates? 1698202800 Economists from our ANZ and Markets teams held an online briefing following the release of Australian Q3 inflation data.
Australia & New Zealand Rapid Response New Zealand Consumer Prices (Q3 2023) 16th October 2023 · 2 mins read
Australia & New Zealand Economics Update Consumers will pull back as financial strains build There are growing indications that household finances are coming under pressure as mortgagors struggle with rising debt-servicing costs. Although households benefit from substantial liquidity buffers... 16th October 2023 · 4 mins read
Australia & New Zealand Economics Weekly New Zealand elections won’t usher in major changes Opinion polls in the run up to tomorrow’s general election in New Zealand suggest that the centre-right National party is in pole position to wrest power from the incumbent, centre-left Labour party... 13th October 2023 · 6 mins read
Australia & New Zealand Economics Update The impact of net migration on Australia’s economy Most of the recent surge in net migration has been driven by the increased arrival of foreign students, who generally spend less, work fewer hours and demand less housing than the average Australian... 12th October 2023 · 4 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Oct. 2023) Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. Central banks in both Australia and New Zealand are likely to retain their... 10th October 2023 · 1 min read
Australia & New Zealand Economics Weekly Resurgence in price pressures won’t last The Melbourne Institute’s timely inflation gauge suggests that trimmed inflation is likely to overshoot the RBA’s expectations for Q3. Although the Board left rates on hold this week, we therefore... 6th October 2023 · 4 mins read
Asset Allocation Update Bonds in Australia, NZ & Canada could outperform Treasuries We think the yields of 10-year government bonds in Australia, New Zealand and Canada will diverge from the yield of 10-year US Treasuries – which they have tracked very closely this year – over time... 5th October 2023 · 4 mins read
Australia & New Zealand Rapid Response Australia International Trade & ABS Monthly Household Spending Indicator (Aug. 23) 5th October 2023 · 2 mins read
Australia & New Zealand Economics Update RBNZ’s next move will be down With its assessment of the balance of risks broadly unchanged, the Reserve Bank of New Zealand left rates on hold at its meeting today. Although the Bank will likely retain its tightening bias, we... 4th October 2023 · 3 mins read
Capital Daily Australian bonds could yet decouple from US Treasuries We think that the yields of Australian long-term sovereign bonds will fall by a bit less than those of US Treasuries over the next couple of years, even though they’ve moved in lockstep lately. But... 3rd October 2023 · 4 mins read
