FLAU

Australia's jobless rate rises to 3.8% in March

Australia's jobless rate rises to 3.8% in March, below market forecasts of 3.9%. The number of unemployed individuals increased by 20.6 thousand to 569.9 thousand. Employment unexpectedly fell 6.6 million to 14.26 million in March.

Antipodean Central Banks Hint At Easing

Reserve Bank of Australia and the Reserve Bank of New Zealand signaled that monetary policy easing is approaching. Despite higher labor costs and weakening GDP growth, employment remained strong in both countries until the second half of 2024. The Antipodean central banks shifted to align their views closer to those of other leading central banks.

The Tides Of Time: The Impact Of Aging Demographics

Weekly Report: what happened at FLAU last week (0408-0412)?

Canada And Australia: 2 Economies With Similar Challenges

Canadian GDP per capita declined for the 6th consecutive quarter in the final quarter of 2023. A new RBC study finds that half of new Canadian households by 2030 will not be able to buy a home. Australia and Canada have a lot in common when it comes to their economies. Both rely on commodities like minerals and oil and are facing similar challenges.

Weekly Report: what happened at FLAU last week (0401-0405)?

Australia reports smallest trade surplus in five months as exports fall while imports grow

Australia reports smallest trade surplus in five months as exports fall while imports grow. Australia's trade surplus on goods decreased to A$7.28 billion in February 2024. Exports of iron ore fell 2.2% month-over-month to a four-month low of A$45.52 billion.

RBA minutes: The bank not ruling in or out interest rate moves aims to return inflation target

RBA minutes: The bank not ruling in or out interest rate moves aims to return inflation target. The bank left the cash rate unchanged at 4.35% in Australia. The S&P/ASX 200 Index slid as the market assessed the minutes of the central bank's March meeting.