Callam Pickering
@callampickering.bsky.social
APAC senior economist at Indeed. Former RBA economist and economic journalist. Prolific graph maker, sports lover, avid reader and pretty opinionated.
Adjusted for inflation, Australian wages are around 5.8% below their peak.
And based on the latest RBA forecasts - released yesterday - we aren't expecting any further improvement this year or next.
And based on the latest RBA forecasts - released yesterday - we aren't expecting any further improvement this year or next.
August 13, 2025 at 1:35 AM
Adjusted for inflation, Australian wages are around 5.8% below their peak.
And based on the latest RBA forecasts - released yesterday - we aren't expecting any further improvement this year or next.
And based on the latest RBA forecasts - released yesterday - we aren't expecting any further improvement this year or next.
US merchandise imports surged in the March quarter - in anticipation of higher tariffs - and have since fallen sharply.
Interestingly, US merchandise imports are pretty much in line with 2024 levels; fewer imports from China but more from other countries.
Interestingly, US merchandise imports are pretty much in line with 2024 levels; fewer imports from China but more from other countries.
August 12, 2025 at 4:55 AM
US merchandise imports surged in the March quarter - in anticipation of higher tariffs - and have since fallen sharply.
Interestingly, US merchandise imports are pretty much in line with 2024 levels; fewer imports from China but more from other countries.
Interestingly, US merchandise imports are pretty much in line with 2024 levels; fewer imports from China but more from other countries.
The volumes data accounts for price changes. So the gap between the blue and pink lines highlight the impact of prices.
July 31, 2025 at 2:22 AM
The volumes data accounts for price changes. So the gap between the blue and pink lines highlight the impact of prices.
But when you consider the overall economic environment, recent labour market figures, ongoing weakness in GDP and, of course, geopolitical and economic uncertainty, I think it's clear what they should do.
July 30, 2025 at 1:37 AM
But when you consider the overall economic environment, recent labour market figures, ongoing weakness in GDP and, of course, geopolitical and economic uncertainty, I think it's clear what they should do.