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Tuesday, June 6, 2023

Australian economy slows further in Q1

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Growth in the Australian economy slowed to 0.2% in the March quarter from a 0.6% pace in the final quarter of last year. Excluding the Covid...

RBA hikes again in June

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The RBA hiked rates by a further 25bps at today's meeting bringing the cash rate target to 4.1% (and the rate on ES balances to 4%). The...
Monday, June 5, 2023

Australia Current Account $12.3bn in Q1; net exports -0.2ppt

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Australia's current account surplus came in lower than expected but remained elevated in the March quarter. Import volumes rebounded in ...

Preview: RBA June meeting

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The RBA Board meets today (announcement  due at 2:30pm AEST)   where another line-ball decision is in prospect.  Market pricing indicates to...
Sunday, June 4, 2023

Australian Business Indicators Q1: Inventories 1.2%

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Australian business conditions are showing resilience, though headwinds to household spending - including from rising interest rates - are r...
Friday, June 2, 2023

Macro (Re)view (2/6) | Risk sentiment improves

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An upbeat start to the month for markets on the back of the US debt ceiling agreement, expectations the Fed could remain on hold at the next...
Thursday, June 1, 2023

Australian housing finance falls 2.9% in April

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Australian housing finance commitments fell by 2.9% in April, surprising expectations for a rise (2%). Commitments in March rebounded sharpl...

Preview: Australian Q1 GDP

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Australia's National Accounts for the March quarter are due to be published by the ABS at 11:30am (AEST) this morning. Expectations are ...
Wednesday, May 31, 2023

Australian Capex 2.4% in Q1; 2023/24 investment plans $137.6bn

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Australian private sector capital expenditure increased by more than expected in the March quarter, extending its upswing since the middle o...

Preview: CapEx Q1

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Australia's March quarter capital expenditure survey is due to be published by the ABS this morning (11:30 AEST). The report provides an...