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Rent shock grinds to a halt as Aussies run out of money. 9 days ago. 6
Australia is deflation nation - MacroBusiness
1 day ago · Goldman’s Andrew Boak has been far ahead of the pack on the RBA. Australia’s headline CPI rose 0.22%qoq in 4Q2024, with year-ended inflation easing 38bps to 2.42%yoy.
It’s official: Australians face lost economic decade
2 days ago · Falling real wages have underpinned the decline in Australia’s real household disposable income. As illustrated in the next chart, Australian real wages have fallen nearly …
Australian economy ends 2024 in recession - MacroBusiness
The NAB Business Survey, released on Tuesday, suggests that the Australian economy remains in a per capita recession. As Justin Fabo at Antipodean Macro shows below, business …
Australians face slow grind out of recession - MacroBusiness
Westpac has released its Red Book for October, which forecasts a long grind out of recession. Westpac notes the brutal decline in real per capita disposable income, which it estimates at …
Australia's record-breaking recession to roll on - MacroBusiness
Oct 7, 2024 · Given that Australia’s population grew by 2.4% in the year to June 2024, these projections imply that the per capita recession will drag well into next year—an unparalleled …
2025 to rain Aussie interest rate cuts - MacroBusiness
Financial markets have fully priced in dual interest rate cuts at the Reserve Bank of Australia’s (RBA) board meetings in April and May after the central bank adopted a more dovish tone in ...
Australia’s record per capita recession gets extended
Nov 29, 2024 · The Reserve Bank of Australia’s (RBA) November Statement of Monetary Policy (SoMP) downgraded Australia’s GDP forecasts to 1.5% for the year ended 2024 and 2.3% for …
Australians batten down for longer, deeper recession
Oct 23, 2024 · The IMF’s forecast is slightly more optimistic than similar to the OECD’s most recent economic outlook, which reduced Australia’s GDP growth prediction for 2024 to 1.1%, …
Good news for RBA and inflation - MacroBusiness
The Reserve Bank of Australia (RBA) ‘s interest rate decision last week was undeniably “hawkish”. The RBA explicitly stated that “underlying inflation is too high” at 3.5% and admitted ...