Australia & New Zealand Economics Weekly

Consumer revival to temper RBA rate-cut outlook

The Australian economy bounced back strongly last quarter, buoyed by a sharp rise in consumer spending. With households' real incomes growing strongly and housing wealth increasing in tandem, we...

5th September 2025 · 4 mins read

Australia & New Zealand Rapid Response

Australia Household Spending Indicator (Jul. 25)

With the Australian consumer springing back into action, the case for aggressive policy easing is becoming weaker.

4th September 2025 · 2 mins read

Australia & New Zealand Rapid Response

Australia GDP (Q2 2025)

Activity rebounded strongly in Q2, and for all the right reasons. The pickup in domestic demand raises the risks that the RBA won’t loosen policy as aggressively as we’re predicting.

3rd September 2025 · 2 mins read

Australia & New Zealand Economics Update

Australia’s housing rebound continues to gather steam

Australian house prices rose at their fastest pace in 18 months in August. With leading indicators suggesting further gains are on the cards, we’re inclined to revise up our forecast for house prices...

1st September 2025 · 4 mins read

Australia & New Zealand Economics Weekly

Strong data out of Australia, Luxon’s faux pas

There are tentative signs that the Australian economy may be starting to heat up. We learnt that underlying inflation accelerated anew in July, while a new ABS survey showed that firms are becoming...

29th August 2025 · 5 mins read

Australia & New Zealand Economics Update

RBNZ’s independence not under threat

While New Zealand’s Prime Minister has indicated a desire for more aggressive policy loosening by the Reserve Bank of New Zealand, the institutional framework limits the government’s ability to...

28th August 2025 · 3 mins read

Australia & New Zealand Chart Pack

ANZ Chart Pack (Aug. 2025)

Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. We believe monetary easing has further to run in the Antipodes. The case for policy stimulus is clear...

27th August 2025 · 1 min read

Australia & New Zealand Rapid Response

Australia Monthly CPI Indicator (July 25)

27th August 2025 · 2 mins read

Australia & New Zealand Rapid Response

RBA Minutes (Aug. 2025)

Although the RBA will retain its cautious approach for the time being, we believe the Bank will ultimately cut rates further than most are predicting .

26th August 2025 · 2 mins read

Australia & New Zealand Economics Weekly

ANZ Weekly: RBNZ turns dovish, Australia discusses tax reform

When the RBNZ cut rates by 25bp at its meeting this week, it acknowledged that it would need to lower the policy rate all the way to 2.5% this cycle – consistent with our longstanding forecast. And...

22nd August 2025 · 5 mins read

Australia & New Zealand Economics Update

Don’t blame the public sector for Australia's productivity malaise

Even though direct government spending now accounts for the largest share of GDP on record, we aren’t convinced that this explains the prolonged weakness in productivity growth.

21st August 2025 · 4 mins read

Australia & New Zealand Economics Weekly

ANZ Weekly: Strong jobs market won’t keep RBA from easing further

When the RBA delivered a 25bp cut this week, it signalled a willingness to lower rates below 3% for the first time this cycle. Although subsequently released labour market and wage data surprised...

15th August 2025 · 4 mins read

Australia & New Zealand Rapid Response

Australia Labour Market (July 2025)

The tick down in the unemployment rate in July is likely to keep the RBA on sidelines at its next meeting in September, but we still think the Bank will ultimately loosen policy a bit further than...

14th August 2025 · 2 mins read

Global Commercial Property Update

Global CRE needs a reset for real recovery to take hold

With interest rates staying high and closed-end funds already sitting on a large volume of investors’ capital, global real estate fundraising looks set to stay in the doldrums. We think the sector...

13th August 2025 · 5 mins read

Australia & New Zealand Rapid Response

Australia Wage Price Index (Q2 2025)

13th August 2025 · 2 mins read