Macro View | James Foster
Independent Australian and global macro analysis
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Wednesday, November 24, 2021
Preview: CapEx Q3
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Australia's private sector capital expenditure report for the September quarter is scheduled for release today (11:30am AEDT). Going int...
Tuesday, November 23, 2021
Australian construction activity -0.3% in Q3
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A ustralian construction activity contracted by 0.3% in Q3, surprising to the upside on much more pessimistic expectations that were factori...
Preview: Construction work done Q3
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Australian construction activity data for the September quarter are due to be published by the ABS today at 11:30am (AEDT). Construction act...
Friday, November 19, 2021
Macro (Re)view (19/11) | Keeping options open
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With Australia's inflation outlook taking on increased uncertainty and upside risks, optionality is the name of the game for the RBA. An...
Tuesday, November 16, 2021
Australian Q3 Wage Price Index 0.6%; 2.2%yr
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Australian wages growth returned to its pre-pandemic pace at a little above 2%Y/Y in the September quarter as the proportion of jobs receivi...
Preview: Wage Price Index Q3
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Australia's Wage Price Index (WPI) for the September quarter is due to be released by the ABS at 11:30am (AEDT) today. The WPI measures ...
Thursday, November 11, 2021
Macro (Re)view (12/11) | Transitory put to the test
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The key event in Australia this week disappointed markets as October's labour force data came in weaker than expected. Employment was do...
Wednesday, November 10, 2021
Australian employment -46.3k in October; Hours worked -0.1%
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Australian employment declined against market expectations falling by 46.3k in October, largely reflecting the effects of the lockdown in Vi...
Preview: Labour Force Survey — October
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With the end of the Delta lockdowns in sight, today's Australian Labour Force Survey (due at 11:30am AEDT) is expected to show the recov...
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