Macro View | James Foster
Independent Australian and global macro analysis
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Wednesday, May 15, 2024
Australian employment 38.5k in April; unemployment rate 4.1%
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A stronger-than-expected rise in employment in April (38.5k) was unable to keep a lift in the unemployment rate at bay, increasing to a 3-mo...
Preview: Labour Force Survey — April
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Australia's Labour Force Survey for April is due at 11:30am (AEST) today. Seasonality has led to a run of volatile employment outcomes i...
Tuesday, May 14, 2024
Australian Q1 Wage Price Index 0.8%; 4.1%yr
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The sequential slowing in the pace of Australia's Wage Price Index (WPI) continued in the March quarter. Base wages moderated to a quart...
Preview: Wage Price Index Q1
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Australia's Wage Price Index (WPI) for the March quarter is due to be published at 11:30am (AEST) today. Wages growth neared 15-year hig...
Australian Federal Budget 2024/25: Competing pressures
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The Australian Federal Budget for 2024/25 was handed down by the treasurer in Canberra this evening. The sizeable revenue upgrades that have...
Friday, May 10, 2024
Macro (Re)view (10/5) | RBA remains neutral
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European equities stood out this week posting strong gains to close at or near record highs. US equities and most Asian indices saw steady r...
Tuesday, May 7, 2024
RBA keeps rates steady in May
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There were few surprises at today's RBA meeting . Interest rates were left unchanged (cash rate 4.35% and exchange settlement rate 4.25...
Monday, May 6, 2024
Australian retail sales volumes -0.4% in Q1
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Following a temporary boost from the Black Friday sales ahead of Christmas, weakness in Australian retail volumes returned falling by 0.4% i...
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