How much spare capacity is in the labour market?
Labour market outlook to improve.
The NAB Monthly Business Survey posted another strong result in April, with both business conditions and confidence improving – pointing to ongoing strength in business activity in the near-term.
The NAB Quarterly Business Survey generally paints an encouraging picture of both current business activity and the outlook.
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In March, the NAB Monthly Business Survey results pointed to an overall healthy economy that is gaining momentum, at least in the near-term.
Results from the March NAB Monthly Business Survey point to an overall healthy economy that is gaining momentum, at least in the near-term.
The APRA Chairman and RBA Governor both make clear that the recent moves reflect a desire to further tighten lending standards in what is considered to be an environment of heightened risks.
Investment indicators looking better
With house prices rising, vacancy rates declining and a previous drop in building approvals, it’s likely that residential construction activity should begin to strengthen.
Jobs growth, business surveys and consumer sentiment all point to an economy in good shape.
Business survey suggests solid near-term activity, despite easing from multi-year high.
What can the history of Australian monetary policy tell us about the current monetary policy debate?
Growth will remain solid across the large south-eastern states, while there are signs of stabilisation in mining states as the end of the downswing in resource-related investment approaches.