Macro View | James Foster
Independent Australian and global macro analysis
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Tuesday, December 6, 2022
Australian economy expands 0.6% in Q3
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The Australian economy expanded by 0.6% in the September quarter, a touch softer than the 0.7% increase expected by markets but broadly main...
RBA hikes rates by a further 25bps
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The RBA Board hiked its key rates by 25bps to 3.1% on the cash rate target and 3.0% for Exchange Settlement balances. Rates have risen by a ...
Monday, December 5, 2022
Australia Current Account -$2.3bn in Q3; net exports -0.2ppt
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Australia recorded a deficit on current account for the first time since early 2019 in the September quarter, ending a historic run of surpl...
Preview: RBA December meeting
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The RBA Board is likely to hike its key rates by 25bps at today's final meeting for 2022 (decision due at 2:30pm AEDT), lifting the ca...
Sunday, December 4, 2022
Australian Business Indicators Q3: Inventories 1.7%
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The September quarter looks to have been another robust one for Australian businesses as household demand remained resilient to cost-of-livi...
Friday, December 2, 2022
Macro (Re)view (2/12) | Subtle shifts
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Risk assets rallied strongly as markets drew a dovish interpretation from a speech by US Federal Reserve Chair Jerome Powell. That momentum ...
Thursday, December 1, 2022
Preview: Australian Q3 GDP
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Australia's September quarter national accounts are due to be published by the ABS today at 11:30am (AEDT). Markets expect Real GDP to h...
Australian housing finance falls 2.7% in October
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Australian housing finance commitments fell for the 7th month in succession as the housing market continues to slow alongside the RBA's ...
Wednesday, November 30, 2022
Australian Capex -0.6% in Q3; 2022/23 investment plans $155.7bn
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Capital expenditure by Australian firms fell unexpectdly by 0.6% in the September quarter following a soft first half of 2022. Forward-look...
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