Australia News & Analysis

The Australian Dollar (AUD) stays steady against the US Dollar (USD) following Tuesday’s release of the Reserve Bank of Australia’s (RBA) November Meeting Minutes.

The Reserve Bank of Australia (RBA) published the Minutes of its November monetary policy meeting on Tuesday, highlighting that the board remains vigilant to upside inflation risks and believes policy needs to remain restrictive.

In a speech in Canberra on Monday, Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent said that the ”forward guidance in Australia might be less useful than in the United States.” Further comments Variable rate mortgages are a key diff…

Australia CFTC AUD NC Net Positions fell from previous $31K to $29.8K

How do you remove children from the harms of social media? Politically the answer appears simple in Australia, but practically the solution could be far more difficult.

The Australian government’s plan to ban children from social media platfo…

Australia’s labor market cooled slightly last month, with only around 16,000 new jobs created in October, less than analysts had expected, according to the Bloomberg consensus.

Australia released jobs figures for October overnight. Employment rose by 16k, less than expected and marking a slowdown from September’s strong 61k print.

Australia’s seasonally adjusted unemployment rate came in unchanged at 4.1% in Oct, in line with the consensus estimate, UOB Group’s economist Lee Sue Ann notes.

Australia Part-Time Employment fell from previous 12.5K to 6.2K in October

Australia Employment Change s.a. below expectations (25K) in October: Actual (15.9K)

Australia Participation Rate came in at 67.1%, below expectations (67.2%) in October

Australia Unemployment Rate s.a. meets forecasts (4.1%) in October

Australia Full-Time Employment declined to 9.7K in October from previous 51.6K

Australia Consumer Inflation Expectations declined to 3.8% in November from previous 4%

Reserve Bank of Australia Governor Michele Bullock said on Thursday that the interest rates are restrictive enough and will stay there until the central bank is confident about inflation.

Australia Wage Price Index (YoY) registered at 3.5%, below expectations (3.6%) in 3Q

Australia Wage Price Index (QoQ) below forecasts (0.9%) in 3Q: Actual (0.8%)

Australia National Australia Bank’s Business Conditions: 7 (October)

Australia National Australia Bank’s Business Confidence up to 5 in October from previous -2

Australia Westpac Consumer Confidence dipped from previous 6.2% to 5.3% in November

The Coinbase-backed policy initiative has expanded to Australia in a bid to educate local policymakers on the benefits of blockchain.

Raygun, whose real name is Rachael Gunn, appeared onstage with Australian singer Tones and I at a concert in Melbourne.

Australia announced plans to ban children under 16 from accessing social media in an effort to curb addiction and protect mental health.

Wesfarmers-owned Kmart now operates over 300 stores across Australia and New Zealand and employs around 40,000 people.

Australia CFTC AUD NC Net Positions: $31K vs $27.5K

“Social media is doing harm to our kids and I’m calling time on it,” says Australian Prime Minister Anthony Albanse.

Legislators will vote on the age limit, intended to reduce related mental health harms to young people, though critics say the law is too blunt an instrument to fix a complex problem.

The Australian breaker said the criticism she’d faced after the Paris Olympics had been "really upsetting" and "impossible to process."

Australia Trade Balance (MoM) below forecasts (5300M) in September: Actual (4609M)

Australia Imports (MoM) declined to -3.1% in September from previous -0.2%