Macro View | James Foster
Independent Australian and global macro analysis
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Friday, May 28, 2021
Macro (Re)view (28/5) | Australian capex upgraded; taper talk
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Partial indicators of Australian activity ahead of next week's GDP outcome for the March quarter highlighted events locally this week. C...
Preview: Australian Q1 GDP
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Australia's March quarter National Accounts are due to be published by the ABS next Wednesday (2/6). Currently, the median estimate is f...
Thursday, May 27, 2021
Australian Capex 6.3% in Q1; 2020/21 investment plans $124bn
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Australian private sector capital expenditure outperformed the top end of the range of market forecasts rising by 6.3% for the March quarter...
Wednesday, May 26, 2021
Preview: CapEx Q1
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Australian private sector capital expenditure data for the March quarter is due to be released by the ABS this morning at 11:30am (AEST). Ca...
Tuesday, May 25, 2021
Australian construction activity +2.4% in Q1
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A ustralian construction activity came in a little stronger than expected in the March quarter rising by 2.4%, making this the sector's ...
Preview: Construction work done Q1
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Australian construction activity data for the March quarter is due to be released by the ABS today at 11:30am (AEST). Construction work is ...
Friday, May 21, 2021
Macro (Re)view (21/5) | Reopening dynamics continue to play out
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While strong progress in the recovery has been achieved since the reopening, this week's data on the Australian labour market confirmed ...
Wednesday, May 19, 2021
Australian employment -30.6k in April; unemployment rate 5.5%
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Australian employment declined by 30.6k in April in a downside surprise on consensus estimates. An easing in the participation rate from rec...
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