The pace of the global economic recovery eased in Q3 evident first in China’s Q3 GDP report and with more confirmation expected in GDP reports from the US and Europe over the next week or so. Inflation pressure has not peaked yet from elevated demand for goods...
The lockdowns in New South Wales and Victoria have played havoc with Australian monthly labour force data. In the past two reports for August and September a collapse in the number of people considered active in the labour force (defined as employed or unemployed) or...
Australian house prices over the past year have risen at their fastest annual pace since 1989. Q2 2021 ABS data showed national house prices up 6.7% q-o-q and 16.8% y-o-y with home prices in Australia’s biggest city, Sydney, up 8.1% q-o-q and 19.3% y-o-y. The ABS data...