Thursday: RBNZ cuts & signals more
The Reserve Bank of New Zealand cuts 50 basis points and signals more to come. Australia’s wage growth is lighter than expected, which is good news for the RBA ahead of January jobs figures today. They are set to show a solid labour market. In our bonus deep dive interview, ANZ Economist Maddy Dunk highlights how housing markets in Australia’s capital cities struggled ahead of the RBA’s rate cut. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/