WebFeb 22, 2024 · Seasonally adjusted private sector wages rose 0.8% over the December quarter 2024. Through the year growth for the sector lifted to 3.6%, the highest rate … Household consumption remained resilient in the March quarter despite the Omicron outbreak and floods in New South Wales and Queensland, and is forecast to grow strongly over the rest of the year as spending on discretionary goods and services, including travel, continues to recover (Graph 5.4). The … See more The outlook for investment remains positive with a large pipeline of public and private projects expected to sustain activity over coming years (Graph 5.5). However, construction activity declined in the December quarter … See more Public consumption is forecast to have increased further in the March quarter from an already high level, after a pause in growth in the December quarter. Governments' health spending remains elevated due to … See more Labour market conditions improved further in early 2024 and leading indicators suggest this will continue for some time. The labour market adjustment to Omicron-related disruptions earlier in the year occurred mostly … See more Growth in exports will be supported by a recovery in travel and education exports now the international border has reopened. Resource export volumes declined over the … See more

RBA Policy Equities 10-year Bond 3.40 -3 USD/CNY 6.8730 -0.2

WebMar 22, 2024 · Wages growth. This article is more than 11 months old. Workers set to take a real pay cut of 1.5% as inflation surges, RBA boss warns. This article is more than 11 … WebApr 13, 2024 · The low level of unemployment, strong jobs growth and pick up in wages “will be important factors in shielding Australians from the impacts of the worsening global economic environment.” Labor market strength has also been a key factor in the RBA’s confidence that Australia can avoid a recession. blacklist quotes and sayings

Economic Outlook Statement on Monetary Policy – May 2024

Web1 day ago · Indeed, the lift in participation saw the labour force grow by 51.4k, slightly lower than the gain in employment, resulting in the unemployment rate holding at 3.5%, near the … Web2 days ago · Australia’s growth is tipped to be 1.6 per cent this year and 1.7 per cent in 2024. More Coverage Hoyts steps in after cinema collapse Shocking new figure in rental crisis WebJul 8, 2024 · The first shows the RBA's successive forecasts for growth in the WPI from 2014 (Graph 3). The picture is very clear: wages growth was persistently lower than … gapbaby.com