Senior Economist at Westpac Group. All views expressed here are my own & may, or may not, reflect the views of Westpac Group. A retweet is not an endorsement.
September quarter CPI data showed inflationary pressures continue to ease, but probably not by enough to trigger an RBA rate cut by year-end, says Westpac Chief Economist Luci Ellis.
https://t.co/SaRlmI9zFK
In my book, ‘Retelling Australia’s Water Story’, I argue for a more inclusive vision for managing water into the future.
How do we create a sustainable Australian water future? https://t.co/nmW4ljA6Yz via @ABCaustralia
In preparation for my trip to PNG next week we have published our PNG Economic Update with the focus on our new Imports Indicator which suggests imports into PNG have been trending down since February!
https://t.co/I30uEMTbDf
The labour market remains tight. Don’t fall for it was all partime. Hours worked grew more than employment while participation is trending higher, even for males. There is no chance of a rate cut on these numbers this year!
We have held are June Qtr CPI forecast since early June and it remains 1.0%qtr. The all important Trimmed Mean also remains 0.9%qtr. If the CPI prints as we expect it does not close the window for a potential rate cut in November.
Economics is an ecosystem and I love most or perhaps even all of it. Theorists. Empiricists. Government statisticians. Ivory tower academics. In the trenches think tankers. Investment bank economists. Government economists. Tweeters. And many more I didn't mention.