Australia & New Zealand Economics Weekly
Weaker labour market will keep a lid on wage growth
While the second consecutive fall in employment in January may partly reflect seasonal distortions, there can be little doubt that the labour market is rapidly losing momentum. The unemployment rate...
Australia & New Zealand Chart Book
Full impact of higher interest rates hasn’t been felt yet
According to RBA estimates, household interest payments jumped from 5.1% of disposable income in Q1 to 6.9% last quarter and we expect them to reach 12.5% by end-2023. With household debt around...
Australia & New Zealand Economics Update
Multi-employer pay deals add upside risks to inflation
The proposed multi-employer wage agreements risk further fuelling inflation by disruptive industrial action. And while employers could circumvent them by striking traditional enterprise agreements...