Peter Hannam
@phannam.bsky.social
Soon to be at the Climate Change Authority. Former economics corro for Guardian Australia, ex-enviro editor for SMH/Age.
(Photo credit: Peter Cant)
December 19, 2024 at 7:12 AM
(Photo credit: Peter Cant)
Reposted by Peter Hannam
ANALYSIS: Five things #Myefo tells us about the state of the Australian economy
from @phannam.bsky.social
from @phannam.bsky.social
Five things Myefo tells us about the state of the Australian economy
The economy’s rebound won’t be as strong as anticipated and more government rebates seem to be pencilled for the coming year
www.theguardian.com
December 18, 2024 at 2:43 AM
ANALYSIS: Five things #Myefo tells us about the state of the Australian economy
from @phannam.bsky.social
from @phannam.bsky.social
Westpac/Melbourne Institute, though, finds some pullback in consumer sentiment to end 2024. Still, the rebound of late has been clear, with "current conditions" well up on last year, as is "time to buy" and expectations for family finances in a year's time.
December 17, 2024 at 1:01 AM
Westpac/Melbourne Institute, though, finds some pullback in consumer sentiment to end 2024. Still, the rebound of late has been clear, with "current conditions" well up on last year, as is "time to buy" and expectations for family finances in a year's time.
Manufacturers' expectations for profits, too, are bouncing back, with a net 19% of firms anticipating an increase
over the coming year. That's back in line with the long-run average in a data set going back 36 years.
over the coming year. That's back in line with the long-run average in a data set going back 36 years.
December 17, 2024 at 12:52 AM
Manufacturers' expectations for profits, too, are bouncing back, with a net 19% of firms anticipating an increase
over the coming year. That's back in line with the long-run average in a data set going back 36 years.
over the coming year. That's back in line with the long-run average in a data set going back 36 years.
The general business outlook for six months' time continues to rise too, with the first net-positive reading since the September quarter of 2022.
December 17, 2024 at 12:46 AM
The general business outlook for six months' time continues to rise too, with the first net-positive reading since the September quarter of 2022.
Meanwhile, Melbourne's forecast heat for early next week has eased back slightly, but 39C-41C expected across parts of the Victorian capital next Monday. (Via BoM)
December 12, 2024 at 5:26 AM
Meanwhile, Melbourne's forecast heat for early next week has eased back slightly, but 39C-41C expected across parts of the Victorian capital next Monday. (Via BoM)