Macro View | James Foster
Independent Australian and global macro analysis
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Wednesday, May 14, 2025
Preview: Labour Force Survey — April
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Australia's latest monthly employment report for April is due this morning local time (1130 AEST). Wages growth surprised a little to th...
Australian housing finance -1.6% in Q1
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The Australian mortgage market cooled in early 2025 despite the March quarter seeing the first RBA rate cut since the pandemic. Both the val...
Tuesday, May 13, 2025
Australian Q1 Wage Price Index 0.9%; 3.4%yr
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Australian wages growth came in a touch above expectations rising by 0.9% in the March quarter, lifting the annual pace from 3.2% to 3.4% to...
Preview: Wage Price Index Q1
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One of Australia's main indicators of wages growth is published today, with the Wage Price Index (WPI) series for the March quarter out...
Friday, May 9, 2025
Macro (Re)view (9/5) | Uncertainty abounds
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Equities drifted lower in the US and most of Europe this week going into weekend talks in Switzerland between the US and China on trade. Fol...
Monday, May 5, 2025
Australian dwelling approvals -8.8% in March
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Australian dwelling approvals saw their sharpest fall in 21 months posting an unexpectedly large decline of 8.8% in March (vs -1.3% expected...
Friday, May 2, 2025
Macro (Re)view (2/5) | Light at the end of the tunnel?
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Reports that the lines communication for trade negotiations between the US and China may be starting to open and solid US data supported ris...
Thursday, May 1, 2025
Australian retail sales 0.3% in March; Q1 volumes 0%
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Australian retail sales posted a modest 0.3% rise in March (4.3%yr), slightly missing expectations (0.4%) as the disruptions of ex-Tropical ...
Wednesday, April 30, 2025
Australia's trade surplus widens to $6.9bn in March
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After narrowing to a 4½-year low in February ($2.9bn), Australia's goods surplus widened to a 13-month high of $6.9bn in March, more tha...
Tuesday, April 29, 2025
Australian Q1 CPI 0.9%, 2.4%Y/Y
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Australia's key March quarter CPI outcomes surprised slightly to the upside of consensus, but today's report has kept pricing for an...
Preview: Australian Q1 CPI
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Australia's CPI inflation report for the March quarter is due from the ABS this morning (1130 AEST). With further disinflationary progre...
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