Australia & New Zealand Economics Weekly

ANZ Weekly: PMI data suggest limited impact from tariff turmoil

Australia's Flash PMIs suggest that the initial impact of global trade tensions has been modest, with output remaining firmly in expansionary territory in April. What's more, with domestic demand...

25th April 2025 · 5 mins read

Australia & New Zealand Chart Pack

ANZ Chart Pack (Apr. 2025)

Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. At first glance, Australia and New Zealand should be fairly insulated from the brunt of the US’s...

24th April 2025 · 1 min read

Australia & New Zealand Rapid Response

Australia Flash PMIs (Apr. 2025)

23rd April 2025 · 2 mins read

Australia & New Zealand Economics Weekly

ANZ Weekly: RBA won’t cut nearly as far as the RBNZ

Markets remain optimistic that the RBA will cut its cash rate from 4.1% at present to below 3% by year-end. But with the labour market still tight and activity starting to rebound, we're sticking to...

17th April 2025 · 4 mins read

Australia & New Zealand Rapid Response

Australia Labour Market (Mar. 2025)

17th April 2025 · 2 mins read

Australia & New Zealand Economics Update

A primer on Australia’s general election

The upcoming federal election on 3rd May appears likely to result in a hung parliament. Although the ruling Labor party’s recent uptick in the polls suggest that it is in pole position to form a...

16th April 2025 · 6 mins read

Australia & New Zealand Economics Update

Weaker business confidence would force RBA’s hand

While the recent drop in crude oil prices would lower inflation a bit, that drag will be more than offset by a boost from the weaker Australian dollar. The upshot is that barring a sharp fall in...

14th April 2025 · 3 mins read

Australia & New Zealand Economics Weekly

ANZ Weekly: Tariff fallout won’t send the RBA into panic mode

With concerns growing that Trump's trade war won't leave Australia unscathed, investors now expect the RBA to cut rates by 125bp across its easing cycle. The rout in financial markets also appears to...

11th April 2025 · 6 mins read

Event

Drop-In: Australia’s election, RBA easing and the economic outlook

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Australia’s 3rd May general election will take place against a backdrop of further Reserve Bank easing and an economy showing signs of having turned a corner.

Australia & New Zealand Economics Update

How an escalation of the trade war could affect ANZ

Australia and New Zealand are safe havens in the current global trade storm because they have small manufacturing sectors, export little to the US and haven’t been hit with high US tariffs. We’re...

7th April 2025 · 4 mins read

Australia & New Zealand Economics Weekly

ANZ Weekly: RBA could cut rates further, as headwinds mount

Although the direct impact of US tariffs on the Australian economy is likely to be modest, we believe second-order effects could be more damaging, due to negative spillovers from key trading partners...

4th April 2025 · 3 mins read

Australia & New Zealand Economics Update

Reserve Bank of Australia will only cut rates to 3.6%

While the RBA is becoming increasingly confident that inflation will sustainably return to target, we still expect its easing cycle to be shallower than most anticipate.

1st April 2025 · 3 mins read

Australia & New Zealand Economics Update

RBA rate cuts won’t do much for housing affordability

Australian house price growth remained soft in March, amid still-weak housing demand. Although the RBA’s easing cycle could help deliver a shift in momentum later this year, stretched affordability is...

1st April 2025 · 3 mins read

Australia & New Zealand Rapid Response

Reserve Bank of Australia Meeting (Apr. 25)

1st April 2025 · 2 mins read

Australia & New Zealand Rapid Response

Australia Retail Sales (Feb. 2025)

With consumers seemingly keeping spending on a tight leash, there is a risk that the RBA will loosen policy a bit more than we currently expect this cycle.

1st April 2025 · 2 mins read