Australia & New Zealand Chart Pack Falling profitability to weigh on investment The slowdown in domestic economic activity along with global trade tensions is becoming more of a concern for businesses in both countries. That means that sentiment has not been bolstered by the... 30th July 2019 · 10 mins read
Australia & New Zealand Chart Pack Dovish central banks set to cut rates further he subdued global outlook and weakness in domestic economic activity has caused us to revise down our forecasts for interest rates in Australia and New Zealand. In Australia, annual GDP growth slowed... 1st July 2019 · 9 mins read
Australia & New Zealand Chart Pack Unemployment rates to rise The deterioration in the New Zealand and Australian economies is starting to flow through to a softening in the labour market. Admittedly, employment growth in Australia has risen to the highest rate... 3rd June 2019 · 1 min read
Australia & New Zealand Chart Pack Interest rates set to fall The economic outlook has deteriorated in both Australia and New Zealand. In Australia, the downturn in the housing market and falling business confidence should mean that GDP growth will continue to... 30th April 2019 · 1 min read
Australia & New Zealand Chart Pack Running out of steam The Australian and New Zealand economies both appear to be running out of steam with growth slowing sharply in the second half of 2018. And we think the outlook is set to deteriorate further. Annual... 28th March 2019 · 1 min read
Australia & New Zealand Chart Pack Some convergence in business confidence While business confidence in New Zealand seems to be recovering from the slump after 2017’s election, it has weakened in Australia. (See Chart.) That deterioration can partly be explained by softer... 27th February 2019 · 1 min read
Australia & New Zealand Chart Pack Tighter credit conditions will weigh on growth The latest NAB survey showed that firms are facing the largest difficulties getting finance since 2012, which suggests that credit growth may slow sharply. (See Chart 1.) That may be a reflection of... 20th December 2018 · 1 min read
Australia & New Zealand Chart Pack Inflation set to fall sharply The recent slump in crude oil prices means that the tailwind to consumer price inflation from soaring energy prices won’t be sustained. After boosting Australia’s headline inflation by 0.6 percentage... 29th November 2018 · 1 min read
Australia & New Zealand Chart Pack A good year for growth The surprising strength of economic growth in the second quarter has led us to revise up our forecasts for GDP growth in the 2018 calendar year from 2.5% to 3.2% for Australia and from 2.5% to 2.7%... 26th September 2018 · 1 min read
Australia & New Zealand Chart Pack Households holding up well Australian households have been more resilient to low income growth and falling house prices than we expected. After rising by just 0.3% q/q in the first quarter, the solid rises in retail sales in... 29th August 2018 · 1 min read
Australia & New Zealand Chart Pack Aussie and kiwi dollars may depreciate further The Australian and New Zealand dollars have weakened to US$0.74 and US$0.68 respectively as rising trade tensions between the US and China have reduced the appetite for riskier currencies. Looking... 27th June 2018 · 1 min read
Australia & New Zealand Chart Pack Royal Commission presents a risk to growth While there is still a lot of uncertainty, it seems likely that the Royal Commission into misconduct in the financial sector will lead to a tightening in credit conditions in Australia. A notable... 24th May 2018 · 1 min read
Australia & New Zealand Chart Pack Inflation outlook remains subdued Inflationary pressures picked up in the first quarter in Australia, with underlying inflation rising to the bottom of the RBA’s 2-3% target for the first time in two years. In contrast, core inflation... 2nd May 2018 · 1 min read
Australia & New Zealand Chart Pack Bounce back in activity unlikely Both the Australian and New Zealand economies failed to regain any momentum at the end of 2017 with GDP rising by a slower than expected 0.6% q/q in New Zealand and just 0.4% q/q in Australia... 28th March 2018 · 1 min read
Australia & New Zealand Chart Pack A marked divergence in the fortunes of businesses While rising profits and confidence are boosting sentiment amongst Australian businesses, the uncertainty surrounding the policies of the new government has continued to weigh on business confidence... 28th February 2018 · 1 min read
Australia & New Zealand Chart Pack 2017 ends with a bang The flow of economic data released in Australia and New Zealand in recent weeks has been encouraging and suggests that after slowing in the third quarter of 2017, both economies regained some momentum... 24th January 2018 · 1 min read