Australia & New Zealand Rapid Response Australia Monthly CPI Indicator (May 24) 26th June 2024 · 2 mins read
Australia & New Zealand Economics Weekly Slowdown in activity not due to supply shortages Some commentators have been arguing that the recent weakness in economic activity reflects a shortfall of supply rather than weaker demand. However, business surveys suggest that supply constraints... 21st June 2024 · 5 mins read
Australia & New Zealand Rapid Response New Zealand GDP (Q1 2024) The modest rebound in GDP last quarter doesn’t change the bigger picture that the New Zealand economy is worse for wear. In fact, timely survey data suggest that things may well get worse before they... 19th June 2024 · 3 mins read
Capital Daily Depth of rate cuts matters more for markets than timing Although the Reserve Bank of Australia – which left policy on hold today – looks set to be the last developed market central bank to join the easing cycle now underway among developed economies, we... 18th June 2024 · 4 mins read
Australia & New Zealand Economics Update RBA will only cut rates next year The RBA discussed another rate hike at today’s meeting and an upside surprise to Q2 inflation could force its hand at its August meeting. However, with capacity constraints easing and government... 18th June 2024 · 3 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (June 2024) 18th June 2024 · 2 mins read
Australia & New Zealand Economics Weekly RBA will look past impact of energy rebates This week the Queensland government followed in the footsteps of the Western Australian government and the Commonwealth by announcing significantly more generous energy subsidies for households. With... 14th June 2024 · 5 mins read
Australia & New Zealand Rapid Response Australia Labour Market (May 2024) Although the unemployment rate fell anew in May, leading indicators continued to point to a marked rise in the months ahead. All told, the data suggest that the RBA will remain in its “wait and see”... 13th June 2024 · 2 mins read
RBA Watch RBA will wait until early-2025 to cut rates We expect the Reserve Bank of Australia to leave rates unchanged at its meeting next week. Although underlying inflation remains uncomfortably high, it is unlikely to meet the threshold for a... 11th June 2024 · 8 mins read
Australia & New Zealand Economics Weekly National accounts on balance dovish The upward revisions to consumption mean that household spending has more momentum than previously thought and raise the risk that households will spend most of the income tax cuts due on 1 st July... 7th June 2024 · 4 mins read
Australia & New Zealand Economics Update Wage growth will undershoot RBA’s forecasts This year’s minimum wage increase will be a bit smaller than we had anticipated. And with the looser labour market putting downward pressure on wage growth among workers not covered by the minimum... 3rd June 2024 · 3 mins read
Australia & New Zealand Economics Update Australia CoreLogic House Prices (May) While house price growth accelerated rather sharply in May, stretched affordability points to a renewed slowdown. Indeed, most leading indicators point to a renewed moderation in price growth. 3rd June 2024 · 2 mins read
Australia & New Zealand Economics Weekly Reluctance to inflict pain comes back to bite the RBA We aren't convinced that the further pick-up in trimmed mean inflation in the Monthly CPI Indicator in April will be replicated in the quarterly measure that the Reserve Bank of Australia considers... 31st May 2024 · 4 mins read
Australia & New Zealand Rapid Response Australia Monthly CPI Indicator (Apr. 24) 29th May 2024 · 2 mins read
Australia & New Zealand Economics Update RBNZ policy changes will ease lending standards The debt-to-income restrictions launched by the Reserve Bank of New Zealand today won’t restrict the flow of new mortgage lending. In fact, the concurrent easing of restrictions on loan-to-value... 28th May 2024 · 5 mins read
