Macro View | James Foster
Independent Australian and global macro analysis
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Wednesday, May 17, 2023
Preview: Labour Force Survey — April
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Australia's Labour Force Survey for April is due to be published by the ABS this morning (11:30am AEST). Employment reaccelerated over t...
Tuesday, May 16, 2023
Australian Q1 Wage Price Index 0.8%; 3.7%yr
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Australian wages growth lifted at its fastest pace in a decade rising by 3.7% over the year to the March quarter. Strong labour market condi...
Preview: Wage Price Index Q1
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Australia's Wage Price Index for the March quarter is due to be published by the ABS at 11:30am (AEST) today. Wages growth was running a...
Friday, May 12, 2023
Macro (Re)view (12/5) | US disinflation supports Fed pivot
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Markets traded in a tight range this week. Softer US inflation data appears to support the Fed pivoting to a pause, so too tighter credit co...
Tuesday, May 9, 2023
In review: Australian Federal Budget 2023/24 | Revenue uplift improves fiscal position
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The Australian Federal Budget 2023/24 capitalises on a substantial uplift in revenue from stronger-than-expected economic parameters, using ...
Monday, May 8, 2023
Australian retail volumes fall 0.6% in Q1
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Australian retail sales volumes have declined for two quarters running for the first time in more than a decade as headwinds on household sp...
Sunday, May 7, 2023
Australian dwelling approvals remain weak in March
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Australian dwelling approvals remained weak in March and fell heavily over the first quarter of 2023. Rising interest rates, declines in hou...
Australian housing finance stems slide in March
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Australian housing finance commitments have increased for the first time in more than a year rising by 4.9% in March. This comes alongside g...
Friday, May 5, 2023
Macro (Re)view (5/5) | Mixed messages
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Central banks across the US, Europe and Australia all hiked rates this week, though each with differing narratives suggesting this extended ...
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