Australia & New Zealand Rapid Response

Reserve Bank of Australia Meeting (Dec. 23)

5th December 2023 · 2 mins read

Australia & New Zealand Economics Weekly

RBA has succeeded in stamping out housing rebound

House price growth has been slowing in recent months and CoreLogic's daily data suggest that prices are now falling again in Melbourne and Sydney. A renewed downturn in the housing market suggests...

1st December 2023 · 6 mins read

Australia & New Zealand Data Response

Australia CoreLogic House Prices (Nov.)

House price growth kept slowing in Australia in November and, with affordability the most stretched since the early 1990s, that slowdown has further to run.

30th November 2023 · 3 mins read

Australia & New Zealand Rapid Response

Australia Private New Capital Expenditure (Q3 2023)

30th November 2023 · 2 mins read

RBA Watch

Tightening cycle is now over

We expect the Reserve Bank of Australia to keep interest rates unchanged at its upcoming meeting on 5 th December. And while the resilience of trimmed mean inflation could prompt another 25bp rate...

29th November 2023 · 8 mins read

Australia & New Zealand Rapid Response

Australia Monthly CPI Indicator (Oct. 23)

29th November 2023 · 2 mins read

Australia & New Zealand Rapid Response

Australia Retail Sales (Oct. 23)

28th November 2023 · 2 mins read

Australia & New Zealand Economics Weekly

Homegrown inflation set to slow further

Following a rather hawkish speech by RBA Governor Michele Bullock, the financial markets now consider it more likely than not that the Bank will lift interest rates further next year. However...

24th November 2023 · 7 mins read

Australia & New Zealand Economics Update

Migration not the sole cause for productivity slump

While subdued capital spending has contributed to the slump in productivity, the recent plunge in the capital/labour ratio can only partly be explained by the surge in net migration.

23rd November 2023 · 3 mins read

Australia & New Zealand Chart Pack

Australia & New Zealand Chart Pack (Nov. 2023)

Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. We believe that central banks in both Australia and New Zealand are done...

17th November 2023 · 1 min read

Australia & New Zealand Economics Weekly

Labour market to loosen, infrastructure outlays to ease

Data released this week showed that Australia's labour market remained tight in October, while wage growth accelerated to a 14-year high in Q3. However, with leading indicators suggesting that the...

17th November 2023 · 3 mins read

Australia & New Zealand Rapid Response

Australia Labour Market (Oct. 2023)

Although jobs growth gained momentum in October, a renewed uptick in the unemployment rate should ensure that the RBA doesn’t feel the need to tighten policy any further.

16th November 2023 · 2 mins read

Australia & New Zealand Rapid Response

Australia Wage Price Index (Q3 2023)

Notwithstanding the acceleration in wage growth last quarter, we doubt that the Reserve Bank of Australia will tighten policy any further.

15th November 2023 · 3 mins read

Australia & New Zealand Economics Weekly

Antipodean central banks are done tightening

The RBA's decision to lift rates by 25bp earlier this week does not mark a full-fledged resumption of its hiking cycle. Rather, we believe the Bank was simply taking out additional insurance to make...

10th November 2023 · 6 mins read

Australia & New Zealand Economics Update

RBA’s next move will be down

As had been widely expected, the RBA handed down a 25bp rate hike at its meeting today. With the cash rate now at 4.35%, we believe the Bank’s tightening cycle is over. If we’re right that the...

7th November 2023 · 3 mins read