Markets

Your 10-second guide to today’s Australian GDP report

Australia’s latest economic report card will arrive on Wednesday with the release March quarter GDP. While a lagging economic indicator, revealing what happened in the past, the GDP report has significant implications for unemployment, inflation, investment, household incomes and government tax receipts in the future. After a strong start, the […]
Your 10-second guide to today’s Australian GDP report
Markets

Your 10-second guide to today’s Australian retail sales report

Australia’s April retail sales report will be released on Tuesday. After a weak result in the March quarter of this year, seeing real, inflation-adjusted retail sales go backwards for the first time since the middle of 2016, another soft spending update is expected today. Some are even forecasting an ugly […]
Your 10-second guide to today’s Australian retail sales report
Markets

Your 10-second guide to today’s RBA rate decision

The Reserve Bank of Australia (RBA) will announce its June monetary policy decision on Tuesday. To say expectations for a rate cut are elevated is an understatement. Almost everyone in financial markets expects the RBA will ease policy settings today. Given a cut is deemed to be a near-certainty, the […]
Your 10-second guide to today’s RBA rate decision
Markets

Your 10-second guide to today’s Australian jobs report

Australia’s April jobs report will be released on Thursday. Given the Reserve Bank of Australia (RBA) believes that only a further improvement in labour market conditions will likely be enough to bring underlying inflation back to the bottom of its 2-3% target range, this report is now the most important […]
Your 10-second guide to today’s Australian jobs report
Markets

Your 10-second guide to today’s key Australian wages report

Australia’s March quarter Wage Price Index (WPI) will be released on Wednesday. Given the implications wage growth has for household income and spending, and with itbroader economic growth (as household consumption accounts for nearly 60% of Australian GDP) the WPI is one of the most important data releases in Australia, […]
Your 10-second guide to today’s key Australian wages report
Markets

Your 10-second guide to today’s RBA interest rate decision

The Reserve Bank of Australia (RBA) will announce its May monetary policy decision later today. To say this is the most highly anticipated Australian interest rate decision in recent years is an understatement — this is the first time since the RBA last cut rates in August 2016 that a […]
Your 10-second guide to today’s RBA interest rate decision
Markets

Your 10-second guide to today’s Australian inflation report

Australia’s March quarter consumer price inflation report (CPI) is about to be released. Arriving just four times a year, it’s arguably the most important data release on the Australian economic calendar, especially when it come to the outlook for monetary policy settings from the Reserve Bank of Australia’s (RBA). Underlying […]
Your 10-second guide to today’s Australian inflation report
Markets

Your 10-second guide to today’s RBA interest rate decision

The Reserve Bank of Australia (RBA) will announce its April interest rate decision later today. Given it’s not been all that long since the RBA’s March policy meeting was held, few expect there’ll be any significant changes in today’s post-meeting statement, let alone a movement in the cash rate. However, […]
Your 10-second guide to today’s RBA interest rate decision
Markets

Your 10-second guide to today’s Australian jobs report

Australia’s February jobs report will be released later today. Of all Australian economic indicators, it’s now arguably the most important when it comes to the outlook for official interest settings from the Reserve Bank of Australia (RBA). With so many parts of the domestic economy now weakening, the bank needs […]
Your 10-second guide to today’s Australian jobs report
Markets

Your 10-second guide to today’s Australian GDP report

Australia’s December quarter GDP report will be released later today. While a lagging economic indicator, revealing what happened in the past, it still has significant implications for unemployment, inflation, investment, household incomes and government tax receipts in the future. After booming in the first half of the year, growth slowed […]
Your 10-second guide to today’s Australian GDP report
Markets

Your 10-second guide to today’s Australian inflation report

Australia’s December quarter consumer price inflation report (CPI) is about to be released. Arriving just four times a year, it’s arguably the most important data release on the Australian economic calendar, especially when it come to the outlook for official interest rate settings. Australian inflationary pressures have been close to […]
Your 10-second guide to today’s Australian inflation report
Markets

Your 10-second guide to today’s Australian jobs report

The last major Australian economic data release of 2018 will arrive today with November’s jobs report. Of all areas of the Australian economy right now, none is as important as the labour market, including the outlook for domestic interest rate settings. If the RBA’s forecasts for stronger GDP growth, lower […]
Your 10-second guide to today’s Australian jobs report
Markets

Your 10-second guide to today’s Australian retail sales report

Australia’s October retail sales report will be released later today. After a weak September quarter for not only retail sales but broader household consumption, this report has taken on increased significance, carrying the potential to reverse or intensify growing pessimism towards the largest part of the Australian economy. Indeed, the […]
Your 10-second guide to today’s Australian retail sales report
Markets

Your 10-second guide to today’s Australian jobs report

Australia’s October jobs report will be released today. While employment continues to grow at a decent clip, helping to push the unemployment rate down to a more than six-year low, leading labour market indicators have diverged in recent months, creating some doubt as to whether that positive momentum will continue […]
Your 10-second guide to today’s Australian jobs report
Markets

Your 10-second guide to today’s RBA interest rate decision

Shortly before the horses jump in the 2018 Melbourne Cup, the Reserve Bank of Australia (RBA) will announce its November interest rate decision. In complete contrast to the Cup, there’s no doubt as to what the result will be — the cash rate will be left unchanged at 1.5%, extending […]
Your 10-second guide to today’s RBA interest rate decision
Markets

Your 10-second guide to today’s Australian inflation report

Australia’s September quarter consumer price inflation report (CPI) is about to be released. Arriving just four times a year, it’s arguably the most important data release on the Australian economic calendar, especially when it come to the outlook for official interest rate settings. While it has undoubtedly lost some of […]
Your 10-second guide to today’s Australian inflation report
Markets

Your 10-second guide to today’s Australian jobs report

Australia’s September jobs report will be released later today. With home prices falling in many parts of the country, coming at a time when household income growth remains soft and savings levels are very low, labour market conditions will need to stay firm in order to help sustain household spending […]
Your 10-second guide to today’s Australian jobs report
Markets

Your 10-second guide to today’s Australian retail sales report

Australia’s retail sales report for August will be released today. After a strong June quarter, sales disappointed in July, casting renewed doubt as to whether household spending will remain firm in the second half of the year. Given signs that falling home prices may be starting to impact new car […]
Your 10-second guide to today’s Australian retail sales report
Markets

Your 10-second guide to today’s RBA interest rate decision

The Reserve Bank of Australia (RBA) will announce its October interest rate decision later today. With next to no chance the cash rate will change, all attention will once again be on accompanying monetary policy statement released by Governor Philip Lowe. Given its been less than a month since the […]
Your 10-second guide to today’s RBA interest rate decision