Wanted A Reliable Jobs Data Compass!

March 21, 2024 00:08:59
Wanted A Reliable Jobs Data Compass!
Digital Finance Analytics (DFA) Blog
Wanted A Reliable Jobs Data Compass!

Mar 21 2024 | 00:08:59

/

Show Notes

Australian employment soared in February and the jobless rate declined, highlighting the ongoing resilience of the nation’s labor market to restrictive monetary policy according to the latest Numberwang from the ABS. As a result, the currency rose as much as 0.6% after the data while yields on the policy-sensitive three-year government bond climbed to 3.7%. Traders now see a 60% chance of a rate cut in August, down from 80% before the data. The strong jobs data contrasts with indicators ranging from business and consumer surveys to job vacancies and retail sales that suggest the economy is slowing. The RBA […]

Other Episodes

Episode

November 27, 2025 00:16:34
Episode Cover

Banks’ Home Lending Mobbed By A Wet Lettuce (Again)!

As I have been highlighting, lending for mortgages has been growing way faster than inflation, including for investor borrowers, and this is first lifting...

Listen

Episode 0

March 05, 2022 00:30:39
Episode Cover

The Unequal Relationship Between Mortgage Holders And Their Banks...

Like it or now, Banks hold all the cards if a mortgage holder gets into financial stress. So what are the signs to look...

Listen

Episode

June 21, 2024 00:06:30
Episode Cover

One In Eight Mortgage Borrowers “Extend And Pretend”!

Struggling homeowners are increasingly hitting the pricey reset button on their loans in the hope of dragging down their monthly repayments.It’s adding years to...

Listen