Daily-Wrap

Macro Update:Australia’s seasonally adjusted building approvals increased 5.1% to 17,948 dwellings in September 2026, according to the Australian Bureau of Statistics. Private sector house approvals declined 5.3% to 10,432, while approvals for dwellings excluding houses climbed 16.6% to 6,579. Meanwhile, the value of residential …

Macro Update:Markets faced pressure from uncertainty over economic growth, rising government borrowing costs and concerns thatInflationmay remain elevated into 2027. According to reports, confidence in the artificial intelligence rally has weakened, while softer European data has added to further worries. Oil prices fell almost …

Macro Update:Australia’s seasonally adjusted goodsTrade Surplusrose by AUD 2.64 billion to AUD 2.83 billion in September 2026, according to the ABS. Exports increased 2.3% to AUD 48.43 billion, driven by mineral fuels and metals, while imports declined 3.3% to AUD 45.61 billion.

Macro Update:Australian household spending rose 0.6% in September 2026, according to data released today by the Australian Bureau of Statistics, rebounding from a 0.1% decline in August. Higher transport, health and recreation expenditure supported the growth. Transport and health spending each increased 1.5%, while …

Macro Update:The Reserve Bank of Australia (RBA) increased the cash rate by 25 basis points to 4.85% on 3 November 2026, marking its fifth rate hike this year. The decision followed a divided vote, with six board members supporting the increase and three favouring …

Eight of 11 sectors declined, with Consumer Staples (-1.39%) and Materials (-1.35%) leading losses. Industrials (+0.76%) topped the gainers, followed by Consumer Discretionary (+0.65%).

Macro Update:According to data released today by the ABS, Australia's producer prices rose 1.1% in the September 2026 quarter and 3.6% annually, driven by higher construction and services costs. Building construction prices increased 1.3%, whileManufacturingoutput prices declined 1.3%. Meanwhile, Australia's net asset foreign currency …