Category Archives: Labour Market

Average wages slump in Q4’18

The biggest problem in Aussie macro is weak household cash flow. Today’s Aussie Business Indicators report suggest that things are getting worse — not better. On the quarter, nominal wages and salaries paid by the private sector grew by a little … Continue reading

Posted in AUD, economics, Labour Market | 7 Comments

Better than it looked

Today’s Australian Employment report for January 2019 was good — but it was actually better than it looked. The reason is the sample rotation actually biased the results down. The incoming group was a weak group (Low employment and high … Continue reading

Posted in AUD, economics, Labour Market | 1 Comment