Australian interest rates

Friday Bloxo laugh

David Llewellyn-Smith
Friday, 16 November 2018
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Haven’t seen the note. Don’t need to. Forexlive has the wrap:

  • Labour market numbers for October showed that jobs growth remains robust and the labour market is tightening
  • The unemployment rate held at the six-year low of 5.0%, with some states well below that level
  • A tightening labour market should support a further lift in wage growth in coming quarters: we expect RBA hikes to begin in mid-2019

Bring it on is all I can say.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.