Employment Rises Again Without Subsidies
Jobs growth surprised on the upside in May with employment rising by 115,000 as any fears of the lingering impact of the ending of JobKeeper disappeared.
Read MoreJobs growth surprised on the upside in May with employment rising by 115,000 as any fears of the lingering impact of the ending of JobKeeper disappeared.
Read MoreUS markets fell after forecasts from the Fed’s latest meeting revealed projections that included sharply higher inflation this year and the two rate rises in two years time.
Read MoreThe Fair Work Commission has done its bit for Australian wage growth with a 2.5% jump in the national minimum wage – just as the Reserve Bank had hoped.
Read MoreChina’s final drop of economic data for May was, as we have seen for the past couple of months, mixed and less buoyant than forecast.
Read MoreWhile the outcome of this week’s two-day meeting of the Fed will dominate market attention, for Australia there is an important reminder about the health of our own economy.
Read MoreIn his regular Insights column, AMP Capital Chief Economist Dr Shane Oliver follows up his earlier Inflation Q & A article with another look at the metric that seems to be haunting markets at the moment.
Read MoreSomething to chew on for the Fed next week after US consumer prices rose by the most in nearly 13 years in May to reignite concerns about inflation.
Read MoreKellie Wood, Fixed Income Portfolio Manager at Schroders, gives her thoughts on inflation over the rest of 2021 and how her firm is positioning their portfolios in response.
Read MoreNo sign of an ‘inflation scare’ from Chinese consumer price movements, as inflation data for May yesterday revealed prices grew 1.3% year on year compared to forecasts of 1.6%.
Read MoreThe May survey of business conditions and confidence from the NAB has confirmed the strength of the economic rebound is continuing well into the second quarter of 2021.
Read MoreThe numbers told a boom-like story, but further data suggests that the strength of the current Chinese economic rebound is not as sound as previously believed.
Read MoreAn about-face by ratings agency S&P, who yesterday pulled back from previous concerns about the Australian economy and instead restored the country’s AAA stable classification.
Read MoreThis Thursday’s May US Consumer Price Index numbers will be high, another test of investor belief in the Fed and other central banks who hold that the rise is “transitory”.
Read MoreIn his regular Insights column, AMP Capital Chief Economist Dr Shane Oliver breaks down this week’s GDP report and shares his thoughts on the outlook for Australian growth.
Read MoreThe good economic news rolls on in the wake of the upbeat GDP and national accounts data on Wednesday, with strong data for both retail sales and the balance of trade.
Read MoreNew vehicle sales in Australia jumped again in May to reach the highest monthly number so far this year, driven by pent-up demand from last year and cheap finance and lease rates.
Read MoreGovernment incentives to business and home builders helped GDP rise a stronger than forecast 1.8% in the three months to March, as did the very relaxed monetary policy from the RBA.
Read MoreFollowing encouraging data from the Australian Bureau of Statistics yesterday, economists have revised up their estimates for March quarter GDP in today’s national accounts.
Read MoreThe great housing boom continues – prices surged in May and building approvals for owner-occupied again rose in April, although there was a sharp drop in approvals for units and apartments.
Read MoreNo rate change from the Reserve Bank yesterday, with the official cash rate remaining at 0.1%. But continued strength in commodity prices and wage pressures are looming concerns.
Read MoreA busy week in store on the economics front as we get a Reserve Bank monetary policy meeting, a clutch of start of month economic data and then the national accounts and GDP numbers for the March quarter.
Read MoreA big week for markets and investors – although trading will be shortened because of the US Memorial Day holiday today – that should give us a good idea how the world economy is travelling and where it is heading.
Read MoreIn his weekly Insights column, Dr Shane Oliver from AMP Capital gives an in-depth analysis on inflation, what is driving the recent jump, and what the risks are for investment markets.
Read MoreFederal government investment incentives drove strong growth in March quarter capital expenditure and construction spending, according to figures from the Australian Bureau of Statistics.
Read MoreThe Reserve Bank of New Zealand has left its official cash rate at 0.25%, where it has been for the past 14 months, and there doesn’t look much reason for a change anytime soon.
Read MoreAlison Savas from Antipodes looks at both sides of the inflation debate, the structural drivers that could lead to higher inflation and how Antipodes is positioning for inflation.
Read MoreApril turned out to be something of a banner month for the Australian trade account, with record exports and the third highest surplus on record.
Read MoreThere will be some low-level economic data releases and central bank decisions this week, while in Australia it’s the start of the lead up to the release of the March quarter National Accounts and GDP figures.
Read MoreAs Australia’s jobless rate eased to a post-Covid low of 5.5% in April from March’s revised 5.7%, Qantas revealed plans to add to the pool of unemployed and freeze wages for two more years.
Read MoreYesterday’s weak WPI data met expectations and today’s jobs data will likely confirm that the ending of JobKeeper has done little to interrupt the employment rebound.
Read MorePlato’s Dr Don Hamson has a look at the biggest takeaways from last week’s budget and the continued resurgence of dividend payouts among the major stocks.
Read MoreA slowish week for major data, with US retailers all reporting in a bunch, the RBA Minutes and a couple of employment / wages figures about the only things of interest.
Read MoreJobs and wages return to the spotlight in Australia as we are part of an accelerating employment boom that continues to surprise analysts as well as monetary and fiscal authorities.
Read MoreIn his weekly Insights column, Dr Shane Oliver from AMP Capital breaks down this week’s Budget, the key measures it contains, and their implications for Australian assets.
Read MoreUS consumer price inflation rose faster than forecast in April, and looks like continuing to surprise on the upside for the next couple of months at least on the back of soaring gas prices.
Read MoreThe three major credit ratings agencies have given the 2021-22 budget a guarded tick of approval, though two of them are maintaining a negative outlook on the economy.
Read MoreShareCafe Head Contributor Glenn Dyer provides a first-look at this year’s – well, the last two year’s in a way – Federal Budget. More to follow over the next day or so.
Read MoreAs expected, China’s Consumer Price Index and Producer Price Index rose last month as the steep fall in prices in the pandemic a year ago rolled out of the comparison.
Read MoreThe monthly business survey from the National Australia Bank has revealed business conditions and confidence hit new record levels on the eve of the 2021-22 federal budget.
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