Topic: Economics

SHOWING 1 - 10 OF 199 RESULTS
DISPLAY
SORT BY

Record highs for jobs, business conditions, consumer sentiment at 11-year high

According to the monthly NAB survey, business conditions hit a record high in March, underpinned by record highs for trading conditions, profitability and employment. In March Labour Force figures ann...

RBA unmoved as housing market surges

At its meeting this week the RBA acknowledged the strength of Australia’s recovery but decided once again to leave all its major policy settings unchanged and continued to predict no change to t...

Jobs growth is the key to fiscal strategy

Thanks to the coronavirus, future macro policy is inextricably linked to labour market outcomes, writes AICD chief economist Mark Thirlwell.

Business activity robust despite supply chain woes

Australia’s Flash Composite PMI rose to a three-month high in March, indicating the strongest rise in business activity since December last year, while input prices rose at their fastest pace in the (...

Australia’s recovery races on as unemployment rate drops to 5.8 per cent

February delivered another excellent result for the labour market with employment up by almost 89,000 people and the unemployment rate plunging by half a percentage point to 5.8 per cent. That left em...

Business confidence highest since 2010, consumer sentiment close behind

The Westpac-Melbourne Institute Consumer Sentiment Index rose to close to a ten-year high in March. February saw NAB’s monthly index of business confidence reach its highest level since early 2010. ...

GDP growth up 3.1 per cent in Q4:2020 while RBA holds line on monetary policy

Australia’s real GDP rose 3.1 per cent over the December 2020 quarter, comfortably beating market expectations, as the economy continued to enjoy a household-led recovery. Despite last week’s bond ma...

Reflation trade’ pushes up bond yields and the dollar while wage growth remains at record low

The yield on Australian government debt and the value of the Australian dollar have both been under upward pressure as local spillovers from the global ‘reflation trade’ complicate life for the RBA. ...

Unemployment rate falls again as labour market recovery rolls on

Another helping of good news on the Australian labour market this week. The unemployment rate fell 0.2 percentage points to 6.4 per cent in January while the underemployment rate fell 0.4 percentage ...

Upbeat consumers and optimistic businesses

It was a quiet week on the data front with only a couple of releases. The Westpac-Melbourne Institute Index of Consumer Sentiment Index rose almost two per cent in February to be up more than 14 per ...
SHOWING 1 - 10 OF 199 RESULTS
1 2 3 4 5 6 7 8  Next