Australia & New Zealand Data Response Australia CoreLogic House Prices (Apr.) The ongoing rebound in house prices is living on borrowed time. With affordability extremely stretched and the economy poised for a sharp downturn, we’re sticking to our forecast that house prices... 2nd May 2023 · 5 mins read
Australia & New Zealand Economics Weekly House prices in New Zealand will keep falling The RBNZ's proposal to ease loan-to-value ratio (LVR) restrictions is unlikely to be a panacea for New Zealand's ailing housing market. With housing still far too unaffordable for most, house prices... 28th April 2023 · 9 mins read
RBA Watch RBA to deliver final 25bp rate hike next week While inflation is moderating a touch faster than the RBA had anticipated, the continued acceleration in services inflation will probably prompt the RBA to deliver a final 25bp rate hike next week... 26th April 2023 · 8 mins read
Australia & New Zealand Data Response Australia Consumer Prices (Q1 2023) Asia Drop-In (28 th April): Join our special briefing on the BOJ April decision, Kazuo Ueda’s debut, and the fate of YCC. Register now. While inflation is moderating slightly faster than the RBA had... 26th April 2023 · 2 mins read
Australia & New Zealand Rapid Response Australia Consumer Prices (Q1 2023) 26th April 2023 · 2 mins read
Australia & New Zealand Economics Weekly More trouble brewing down under Things will get worse before they get better for the Antipodean economies. House prices in New Zealand have plummeted by 18% from their January 2022 peak. And with affordability extremely stretched... 21st April 2023 · 5 mins read
Australia & New Zealand Economics Update Lowe unlikely to be reappointed as RBA Governor The recommendations by the RBA’s review panel unveiled today were broadly in line with what we had anticipated. While the 2-3% inflation target will be retained, sweeping changes to the Bank’s... 20th April 2023 · 4 mins read
Australia & New Zealand Chart Pack Central banks’ reaction functions diverge Central banks in Australia and New Zealand have taken starkly different approaches to managing the inflation-unemployment trade-off in their countries. Despite being behind the curve on interest-rate... 17th April 2023 · 11 mins read
Australia & New Zealand Economics Weekly Migration boom won’t be inflationary Concerns that the ongoing surge in net overseas migration to Australia will fuel demand-pull inflation are overblown, especially with the population still below its pre-virus trend. To the contrary, a... 14th April 2023 · 5 mins read
Australia & New Zealand Data Response Australia Labour Market (Mar. 23) The strength in March’s labour market data will probably prompt the Reserve Bank of Australia to deliver a final 25bp rate hike next month, but unemployment will rise before long. 13th April 2023 · 2 mins read
Australia & New Zealand Rapid Response Australia Labour Market (Mar. 23) 13th April 2023 · 2 mins read
Australia & New Zealand Economics Focus Housing rebound doesn’t look sustainable House prices rebounded in March but we aren’t convinced that this marks the beginning of a sustained rebound. Affordability is set to become the most stretched since the early 90s and if the... 11th April 2023 · 14 mins read
Australia & New Zealand Economics Weekly RBA muddies the waters with pause The RBA's decision to leave rates on hold earlier this week doesn't signal the end of its hiking cycle, contrary to what markets expect. Given ongoing concerns about the stickiness of inflation, we... 6th April 2023 · 5 mins read
Australia & New Zealand Data Response Australia International Trade (Feb. 2023) The widening of the trade surplus in February largely reflects the fact that imports of goods and services fell at a much faster rate than exports. Therefore, even though net trade will make a... 6th April 2023 · 2 mins read
