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| | | ... capita which speaks to living standards would fall in most destination economies as productivity gains from improved labour market allocation would be lost. The report highlighted the size of the hit would vary based on the working-age share of each ... |
| | | | ... Similarly, Deloitte Access Economics partner Stephen Smith also expects the RBA to hold rates in June, as recent labour market data shows a softening economy, with rising unemployment and weaker hiring. However, Smith added that an August rate hike remains ... |
| | | | ... business and market sentiment remain fragile amid geopolitical uncertainty, persistently high oil prices and a tight labour market are likely to sustain upward pressure on inflation, keeping the RBA hawkish. We expect a hawkish hike in May," Chong said. ... |
| | | | The Consumer Price Index (CPI) rose 3.7% in the 12 months to February 2026, according to the Australian Bureau of Statistics (ABS). "The 3.7% annual CPI inflation to February eased slightly from the 3.8% annual CPI inflation to January," ABS head of ... |
| | | | ... 2025. While part of the pick-up in inflation is assessed to reflect temporary factors, the board judged that the labour market has tightened a little recently and capacity pressures are slightly greater than previously assessed," the RBA said. "Developments ... |
| | | | ... is that Australia has a much lower unemployment rate prior to the pandemic. He highlighted that Australia's labour market has proven to be extremely resilient. "There's almost an excess of demand for labour," McMenamin said. "The trouble for ... |
| | | | ... interest rates were zero, there was no doubt what we had to do," Bullock said. "Now we're in a situation where the labour market, we think it's a little bit tight and inflation is a bit elevated - we don't think it's taking off again ... |
| | | | ... Wee Khoon Chong agreed today's data suggests another rate rise is likely at the RBA's May meeting. "Tight labour market conditions and elevated wage growth, alongside ongoing inflationary pressures, are likely to keep the RBA on a tightening ... |
| | | | ... inflation in the second half of 2025 as they unwound," he said. Plumb also highlighted greater capacity pressures in the labour market - and the economy more broadly - contributed to the unexpected pick-up in inflation. This, he said, was due to higher ... |
| | | | ... rise of 0.8% for the quarter and 3.4% annually and economists say the data was in line with expectations. "Today's labour market data broadly supports the view that conditions remain close to balance, although some residual tightness persists. That said ... |
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