Australia & New Zealand Economics Update Case for tighter macroprudential measures is weak While Australian households are as indebted as ever and mortgage payments have hit fresh record-highs, lending standards continue to be sound, loan defaults remain subdued and banks are well... 23rd January 2024 · 4 mins read
Australia & New Zealand Economics Weekly Homebuilding slump isn’t as bad as it seems With new dwelling commencements falling to a 11-year low, some commentators have raised concerns that a lack of housing supply will fuel a resurgence in inflationary pressures. However, we're not... 19th January 2024 · 4 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Jan. 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... 18th January 2024 · 1 min read
Australia & New Zealand Rapid Response Australia Labour Market (Dec. 2023) 18th January 2024 · 4 mins read
Australia & New Zealand Economics Focus Stubborn rental inflation won’t prevent RBA rate cuts In recent months, there have been growing concerns that the rapid rise in rental inflation will force the Reserve Bank of Australia to keep rates higher for longer. To be sure, leading indicators... 17th January 2024 · 15 mins read
Event ANZ Drop-In: Australia Q4 CPI and the case for an early RBA cut 1706670000 There’s a popular view that the RBA won’t start cutting interest rates until later in the second half of this year.
Australia & New Zealand Economics Weekly Inflation will continue to moderate rapidly Inflation fell sharply in November and while the quarterly CPI due later this month will show that it was still above 4% in Q4, monthly prints should soon start with a 3. With the unemployment rate... 12th January 2024 · 5 mins read
Australia & New Zealand Rapid Response Australia Monthly Household Spending Indicator (Nov. 23) 12th January 2024 · 2 mins read
Australia & New Zealand Rapid Response Australia Monthly CPI Indicator (Nov. 23) With price pressures cooling in earnest, we’re growing increasingly confident in our call that the RBA will start to cut rates as early as May. 10th January 2024 · 2 mins read
Australia & New Zealand Rapid Response Australia Retail Sales (Nov.) Although retail sales bounced back with a vengeance in November, that result largely reflected a one-off boost from Black Friday sales. With underlying momentum in consumer spending weaker than the... 9th January 2024 · 3 mins read
Australia & New Zealand Economics Weekly Why the RBA will ease sooner than most expect Although the analyst consensus expects the RBA to cut rates only in September, we're sticking with our view that the RBA will loosen policy as early as May. For one thing, the household cash flow... 5th January 2024 · 7 mins read
Australia & New Zealand Economics Update Is the low saving rate an accounting illusion? Australian household finances are in better shape than the plunge in the household savings rate would suggest. While we still think that GDP growth will slow more sharply than expected over the coming... 4th January 2024 · 4 mins read
Australia & New Zealand Economics Update CoreLogic House Prices (Dec.) We are resending this publication because it was incorrectly sent as an Australia and New Zealand Rapid Response. Australia’s housing market showed signs of life in December. However, we still think... 2nd January 2024 · 3 mins read
Australia & New Zealand Economics Weekly Australian labour market still set to turn Leading indicators suggest that employment growth in Australia is unlikely to slow meaningfully in the near term. However, even if job creation remains resilient, it is unlikely to keep pace with the... 22nd December 2023 · 3 mins read
Australia & New Zealand Economics Update Australia Housing Watch Although house prices in Melbourne have started to fall anew, we doubt that they are the canary in the coal mine. A persistent shortfall in housing supply should ensure that house prices across most... 21st December 2023 · 4 mins read
Australia & New Zealand Economics Update How greedy is Australia’s taxman? While the income tax cuts due next year are widely seen as necessary to reverse bracket creep, the income tax burden isn’t particularly onerous by historical standards. However, Australia taxes income... 20th December 2023 · 4 mins read
