Ivan Colhoun

Ivan Colhoun

“Ivan writes for NAB's daily and weekly economics and market reports, and regularly speaks with the media about the economy and financial market.”

Ivan Colhoun is Chief Economist, Markets for National Australia Bank. He joined NAB in November 2014 and is responsible for the Australian Economics function within the Global Markets Research team.

Ivan has had a long and varied career in Economics. He received a Bachelor of Economics with Honours from the University of Tasmania and commenced his career at the Reserve Bank of Australia.

He spent 15 years at Deutsche Bank finishing as Chief Economist for Australia and Head of Global Markets Research for Australia/NZ, before following his passion for aviation by joining Qantas as Chief Economist.

Most recently, Ivan was Chief Economist for Australia for ANZ Bank. He has also consulted to SEEK, Virgin Australia and IATA.


In today’s weekly, and as President Trump and Kim Jong Un meet in Singapore, we look at the outlook for the US$.

There is expected to be continuing downward pressure on the AUD from interest rate differentials given higher US yields.

The change reflects the fact there’s no sign as yet of stronger wages growth and unemployment has been stuck at around 5.5% for the best part of a year. We still expect the economy to strengthen, leading to a declining unemployment rate.

Alternative measures of labour market tightness.

How fast is WA recovering?

What does Canada tell us about the RBA?

Employment good news to start 2018.

Population growth remains very strong – QLD strengthening.

Inflation – what does the latest CPI tell us?

What does the Bank of Canada mean for the RBA?

Looking for improvement in SA, QLD and WA.

The reasons for slow wages growth in Australia and around the world is a topic occupying the minds of central bankers.

RBA unlikely to begin to normalise interest rates this year unless unemployment begins to fall sharply soon.

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