ricardian ambivalence

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

Keynes famously compared investing to betting on the outcome of a beauty pageant. With the RBA providing a little more

I think the January Credit data just released by the RBA is very interesting. Total credit growth to households is

When thinking about Australia and the outlook for policy, I find it hard to get past the below chart. It

Today’s Australian Employment report for January 2019 was good — but it was actually better than it looked. The reason

The RBA went back to an explicitly neutral bias at their Feb’19 policy window — via an interesting bit of

The annual revisions to GDP, and a weak 0.3%qoq in Q3 , mean that the GDP boom of H1’18 has

The ABS handed us another puzzle yesterday — the September jobs report told us that employment growth wasn’t keeping up

The RBA just released their semi-annual Financial Stability Review (FSR). Predictability, the FSR plays down the risks from the maturity

It’s been ages since I blogged here — partly because the issues facing the Australian Economy haven’t changed much over

RBA Gov Lowe gave the ABE Dinner speech this year — a speech entitled ‘Some Evolving Questions’. The speech looks at

At first glance, the Q3’17 WPI print was a stable at 0.5%q/q (2.0%y/y) — however once you look at the