RBA Watch RBA on course for rate cuts in August We expect the Reserve Bank of Australia to keep interest rates unchanged at its meeting next week. Although the recent flow of data has been on the weaker side of expectations, the Bank will probably... 12th March 2024 · 8 mins read
Australia & New Zealand Economics Weekly The worst may be over for the Australian consumer National accounts figures released this week showed that subdued household spending continued to weigh on the Australian economy in Q4. However, with a recovery in real disposable incomes taking shape... 8th March 2024 · 3 mins read
Global Markets Update There is still room down for bond yields in some DMs Given our view about monetary policy, we expect government bond yields in some developed markets such as the UK to fall markedly this year. In some other places, like the euro-zone, we doubt central... 7th March 2024 · 4 mins read
Australia & New Zealand Rapid Response Australia GDP (Q4 2023) Although GDP growth last quarter was in line with what the RBA had expected, the Bank will take comfort from the fact that households continue to exercise spending restraint, while productivity... 6th March 2024 · 3 mins read
Australia & New Zealand Economics Weekly Strong capex growth to ease capacity pressures There are growing signs that restrictive policy settings are working to establish a more sustainable balance between demand and supply in the Australian economy. Indeed, inflation has continued to... 1st March 2024 · 5 mins read
Australia & New Zealand Economics Update Australia CoreLogic House Prices (Feb.) Australian house price gains eased only slightly in February. However, with home sales now softening noticeably, we suspect that the momentum behind the housing rebound will soon fade. 1st March 2024 · 2 mins read
Australia & New Zealand Rapid Response Australia Retail Sales (Jan. 24) 29th February 2024 · 3 mins read
Australia & New Zealand Rapid Response Australia Monthly CPI Indicator (Jan. 24) 28th February 2024 · 2 mins read
Australia & New Zealand Economics Weekly Survey data point to resilience in economic activity Flash PMI data published yesterday showed that Australia's composite output index rose to a 10-month high in February. Taken together with other leading indicators, the data suggest upside risks to... 23rd February 2024 · 5 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Feb. 2024) 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 remain in “wait... 22nd February 2024 · 1 min read
Australia & New Zealand Rapid Response Australia Wage Price Index (Q4 2023) The pickup in wage growth in Q4 was driven by larger pay packets for public-sector employees. By contrast, private-sector wage growth actually fell back and should continue to do so in the coming... 21st February 2024 · 3 mins read
Long Run Economic Outlook AI productivity boom tempered by protectionist threat The AI revolution should deliver substantial productivity gains in the coming decade, particularly in advanced economies. But with working age populations falling in key areas and China’s economy in... 20th February 2024 · 1 hr, 9 mins read
Australia & New Zealand Economics Weekly Productivity repair will pave the way for rate cuts Australian labour market data released this week showed that hours worked per employee fell sharply in January, continuing a downtrend that began early last year. The deep slump in average hours... 16th February 2024 · 5 mins read
Australia & New Zealand Economics Update Inflation will fall into target band this year Non-labour input costs are now moderating which should soon result in a more rapid slowdown in consumer price inflation than most are anticipating. 15th February 2024 · 4 mins read
Australia & New Zealand Rapid Response Australia Labour Market (Jan. 2024) 15th February 2024 · 2 mins read
