Australian retail sales surge on re-opening
As Australia's re-opening after lockdowns proceeded in October, retail spending surged higher, making up for ground lost in previous months. This…
Australian 2Q21 GDP growth beats expectations
The forecasting community was looking for a downbeat 0.4%QoQ (ING f 0.7%), but GDP actually grew 0.7% in the second quarter. That's a good result, but…
Further robust recovery in Australia
4Q20 GDP grew by 3.1 QoQ (-1.1%YoY), only a slight moderation from the 3.4% rate of growth in 3Q, and leaving full-year 2020 GDP down by just 2.4%, one of…
Controlling the pandemic has enabled Australia's labour market to rebound strongly in 2020, but with GDP still below pre-Covid levels, the rate of…
A decent bounceback led by household spending in 3Q20 will take pressure off the Reserve Bank of Australia (RBA) to deliver more monetary easing
Australian 2Q20 GDP falls 7.0%QoQ
Some more irrelevent data