Unemployment Rate Eases Despite Fall in Jobs
As 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 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.
Read MoreIt’s going to be hard for financial markets to get worried about this week’s US CPI report after the much forecast one million new jobs failed to be created in the US economy in April.
Read MoreThe 2021-22 Federal Budget surfaces tomorrow night and from all accounts it is going to look a lot like the delayed 2020-21 document – lots of spending and few signs of austerity.
Read MoreWeak headline figures in the face of continued strength in underlying trends are making the Chinese economy tough to get a good read on at the moment.
Read MoreIn his weekly Insights column, Dr Shane Oliver from AMP Capital considers the re-emergence of geopolitical risk and what to look for over the rest of the year.
Read MoreThe home building boom looks like continuing until the end of this year after another record month for approvals in March to a seasonally-adjusted $15.56 billion.
Read MoreThe RBA will keep the key cash rate steady but has started moving to cut the size of its support packages to accommodate the strengthening economy.
Read MoreThe local economy moves further into centre stage ahead of the federal budget tomorrow week, China is showing more signs of slowdown, and Europe has dipped into recession.
Read MoreThe US jobs figure for April dominates data this week, but there are also some important central bank meetings, Chinese trade figures, and global manufacturing surveys.
Read MoreThe first estimate of March quarter economic growth for the US economy confirmed the upgrade from the Federal Reserve to the way it described the growing economic bounce back.
Read MoreWall Street dipped into the red in the final minutes of the session after the US Federal Reserve issued an upbeat assessment of the health of the American economy as it emerges from the pandemic.
Read MoreAustralia exported a record $14 billion worth of iron ore in March, a $2.5 billion increase from February as volumes recovered and prices surged to a series of new highs.
Read MoreEconomists think that headline inflation will surge from the March quarter’s annual rate of a weak 1.1% to more than 3% in the current June quarter.
Read MoreThe March quarter Consumer Price Index surprised with a smaller than expected rise of just 0.6% after a 0.9% in the December quarter.
Read MoreAustralian inflation dominates local events this week with a big quarterly rise from the December quarter but a modest annual increase forecast.
Read MoreThe health of the US economy takes centre stage this week with March quarter growth figures released, a meeting of the Fed, and then consumer spending and inflation data out on Friday.
Read MoreThere’s less than a month to go to the Federal Budget but what’s the betting that the parties involved have thought really hard about what might be needed in future years to drive growth?
Read MoreIn his weekly Insights column, AMP Capital’s Dr Shane Oliver goes deep into the resurgent Australian property market and why he believes the good times may soon be at an end.
Read MoreAs expected China’s March quarter economic growth boomed – mostly due to a comparison with the sharp fall in the March quarter of 2020.
Read MoreThe March labour force data was strong but we won’t get a true picture of the health of the jobs market post JobKeeper until this time in May and then in June.
Read MoreJeffrey Schulze and Josh Jamner from ClearBridge Investments explain why the reflationary period that needs to occur before inflation has traditionally been an attractive time for investment in risk assets.
Read MoreThe Reserve Bank of New Zealand has again kept its key interest rate on hold in a repeat of its previous decision this year, citing a summer slowdown in economic activity.
Read MoreDespite the doomsayers’ prediction of carnage at the first hint of a jump in US inflation, when it actually came it passed without too much pain and bond yields actually fell.
Read MoreThe Australian economy made it through the end of JobKeeper and reduction in JobSeeker payments in a healthy state, according to the March business survey from the NAB.
Read MoreChina’s trade performance surged in March as imports grew at their strongest rate in four years while exports continued the solid growth seen in the past few months.
Read MoreWhile the housing market goes from strength to strength, the problems for listed retail shopping mall owners and their privately controlled counterparts don’t look like easing any time soon.
Read MoreAnother big week for business, economies and investors/consumers, with plenty of data coming out, led by the latest local jobs figures and some key US economic data.
Read MoreData issued on Friday by the Chinese National Bureau of Statistics revealed the Consumer Price Index rose 0.4% in March compared to a fall of 0.2% in February.
Read MoreIn this week’s Insights column, AMP Capital Chief Economist Dr. Shane Oliver picks apart what the RBA’s monetary stance means for investors and the broader Australian economy.
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