Daily-Wrap

Macro Update:Public sector employment and wages continued to rise over the year to June 2025, according to data released today by the Australian Bureau of Statistics (ABS). The number of public sector jobs increased 3.3% compared to June 2024, while total wages paid climbed …

Macro Update:Australia saw 1.2 million people wanting paid work but unable to secure a job in the 2024-25 period, according to latest figures from the Australian Bureau of Statistics (ABS). Nearly half of these individuals were officially classified as unemployed, while the remainder were …

Ten of the eleven sectors finished in the red, led by declines across energy, financials, and consumer stocks. Health Care was the day’s best-performing sector, ending little changed but still down 1.99% over the past week.

Macro Update:Household spending in Australia edged up 0.2% in September, according to seasonally adjusted data released by the Australian Bureau of Statistics (ABS). The modest rise followed a flat result in August and a 0.4% increase in July. Non-discretionary spending drove the lift, with …

Macro Update:Producer prices in Australia rose by 1.0% in the September 2025 quarter, bringing the annual increase in final demand (excluding exports) to 3.5%. The quarterly rise was primarily driven by growth across the Services industries and the Construction industry, reflecting continued demand in …

Macro Update:The U.S. Federal Reserve has cut interest rates by 25 basis points on Wednesday, lowering its benchmark range to 3.75%–4.00% in a closely watched 10–2 decision. The move, aimed at supporting a slowing job market and stabilising liquidity, also included a plan to …

Macro Update:Australia’s Consumer Price Index (CPI) rose 1.3% in the September 2025 quarter and 3.2% annually, the highest quarterly rise since March 2023, according to the Australian Bureau of Statistics. The increase was led by higher electricity costs (+9.0%), housing (+2.5%), recreation and culture …