Macro View | James Foster
Independent Australian and global macro analysis
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Wednesday, December 4, 2024
In review: Australian Q3 GDP - Households remain on sidelines
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Subdued growth has persisted in the Australian economy. Real GDP growth missed to the downside in the September quarter expanding by 0.3% (v...
Tuesday, December 3, 2024
Australian GDP 0.3% in Q3
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Expectations for a pick-up in Australian economic growth fell short of the mark as September quarter real GDP lifted by 0.3% against 0.5% fo...
Monday, December 2, 2024
Australia Current Account -$14.1bn in Q3; net exports +0.1ppt
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Australia's current deficit narrowed slightly from a revised -$16.4bn in Q2 (-$10.7bn earlier reported) to - $14.1bn in the September q...
Australian dwelling approvals press 2-year high in October
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Australian dwelling dwelling approvals rose 4.2% to a 22-month high of 15.5k in October, well clear of the 1.5% lift expected. Approvals we...
Sunday, December 1, 2024
Australian retail sales rise 0.6% in October
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For the second time in the past 3 months, Australian retail sales have outperformed expectations after a 0.6% rise (vs 0.5% forecast) came t...
Australian Business Indicators Q3: inventories -0.9%
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Australia's business indicators series for the September quarter was weak across the key details of inventories, sales, and company prof...
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