{"id":61673,"date":"2025-05-15T08:12:03","date_gmt":"2025-05-15T08:12:03","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=61673"},"modified":"2025-05-15T08:21:35","modified_gmt":"2025-05-15T08:21:35","slug":"australian-jobs-market-versus-rate-cuts","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/","title":{"rendered":"Australian Jobs versus Rate Cuts"},"content":{"rendered":"<p>The RBA is expected to cut interest rates by 50 basis points next week, with a further 25 basis points in June, according to the <a href=\"https:\/\/business.nab.com.au\/wp-content\/uploads\/2025\/04\/The-Forward-View-Australia-April-2025-2.pdf\">NAB economics team<\/a>.<\/p>\n<p>CPI declined to a low annual rate of 2.4% in the first quarter, well within the RBA&#8217;s target range. However, the rate jumped to 0.9% (3.6% annualized) in the latest quarter.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-cpi.png?resize=525%2C292&#038;ssl=1\" alt=\"Australian CPI - Quarterly &amp; Annual\" width=\"525\" height=\"292\" \/><\/p>\n<p>While this gives the RBA some leeway, the labor market remains strong, warning of the dangers of cutting too early.<\/p>\n<p>Unemployment is a healthy 4.1%.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-u3.png?resize=525%2C294&#038;ssl=1\" alt=\"Australia: Unemployment\" width=\"525\" height=\"294\" \/><\/p>\n<p>Employment continues in a strong uptrend.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-jobs.png?resize=525%2C279&#038;ssl=1\" alt=\"Australia: Employment\" width=\"525\" height=\"279\" \/><\/p>\n<p>The wage price index reversed its recent decline, rising by 3.4% over the past 12 months, while the quarterly rate increased to 0.9% (3.6% annualized), signaling underlying inflationary pressure.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-wpi.png?resize=525%2C292&#038;ssl=1\" alt=\"Australia: Wage Price Index\" width=\"525\" height=\"292\" \/><\/p>\n<p>However, monthly hours worked dipped slightly, with the monthly trend falling by 0.1%, warning of a slowdown ahead.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-hours.png?resize=525%2C277&#038;ssl=1\" alt=\"Australia: Aggregate Monthly Hours Worked\" width=\"525\" height=\"277\" \/><\/p>\n<p>Business confidence is also weak. NAN April business confidence remains below zero, while current business conditions are steadily declining.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-nab-business.png?resize=525%2C384&#038;ssl=1\" alt=\"NAB Business Confidence &amp; Conditions\" width=\"525\" height=\"384\" \/><\/p>\n<p>Cash flows are suffering, according to the NAB business survey, falling to their lowest level since 2020.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-nab-cashflow.png?resize=525%2C351&#038;ssl=1\" alt=\"NAB Business Cashflow\" width=\"525\" height=\"351\" \/><\/p>\n<p>Forward orders have been contracting since 2023.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-nab-forwardorders.png?resize=525%2C353&#038;ssl=1\" alt=\"NAB Business Forward Orders\" width=\"525\" height=\"353\" \/><\/p>\n<p>The slowdown has affected the retail and wholesale industries the most, but mining and transport &amp; utilities show the steepest monthly declines.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-nab-forwardorders-industry.png?resize=525%2C364&#038;ssl=1\" alt=\"NAB Business Forward Orders by Industry\" width=\"525\" height=\"364\" \/><\/p>\n<p>Declining capital expenditure warns of an economic contraction and slowing growth ahead.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-nab-capex.png?resize=525%2C359&#038;ssl=1\" alt=\"NAB Business Capital Expenditure\" width=\"525\" height=\"359\" \/><\/p>\n<h2>Conclusion<\/h2>\n<p>The Australian economy is gradually slowing, but unemployment remains low, leaving the RBA with a difficult choice: cut rates in anticipation that unemployment will rise, or wait for the actual data? We would argue that they should hold firm while unemployment is low, but that seems to be a minority view.<\/p>\n<h4>Acknowledgments<\/h4>\n<ul>\n<li>ABS: <a href=\"https:\/\/www.abs.gov.au\/statistics\/economy\/price-indexes-and-inflation\/consumer-price-index-australia\/latest-release\">Quarterly CPI<\/a><\/li>\n<li>ABS: <a href=\"https:\/\/www.abs.gov.au\/statistics\/labour\/employment-and-unemployment\/labour-force-australia\/latest-release\">Labor Report<\/a><\/li>\n<li>ABS: <a href=\"https:\/\/www.abs.gov.au\/statistics\/economy\/price-indexes-and-inflation\/wage-price-index-australia\/latest-release\">Wage Price Index<\/a><\/li>\n<li>NAB: <a href=\"https:\/\/business.nab.com.au\/wp-content\/uploads\/2025\/04\/The-Forward-View-Australia-April-2025-2.pdf\">Forward View &#8211; The Calm Before the Storm<\/a><\/li>\n<li>NAB: <a href=\"https:\/\/business.nab.com.au\/wp-content\/uploads\/2025\/05\/NAB-Monthly-Business-Survey-April-2025-.pdf\">Monthly Business Survey<\/a><\/li>\n<li>Macrobusiness: <a href=\"https:\/\/www.macrobusiness.com.au\/2025\/04\/rba-lays-groundwork-for-may-interest-rate-cut\/\">RBA lays groundwork for May interest rate cut<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The RBA is expected to cut interest rates by 50 basis points next week, with a further 25 basis points in June, according to the NAB economics team. CPI declined to a low annual rate of 2.4% in the first quarter, well within the RBA&#8217;s target range. However, the rate jumped to 0.9% (3.6% annualized) &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australian Jobs versus Rate Cuts&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,46,3761],"tags":[6301,6380,6850,1227,6854,6853,6852,6536,6851],"class_list":["post-61673","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-deficit-spending-employment","category-gdp-and-activity","tag-aggregate-monthly-hours-worked","tag-australian-cpi","tag-australian-unemployment","tag-employment","tag-nab-business-capital-expenditure","tag-nab-business-cashflow","tag-nab-business-conditions","tag-nab-forward-orders","tag-wage-price-index-nab-business-confidence"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australian Jobs versus Rate Cuts - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian Jobs versus Rate Cuts - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The RBA is expected to cut interest rates by 50 basis points next week, with a further 25 basis points in June, according to the NAB economics team. CPI declined to a low annual rate of 2.4% in the first quarter, well within the RBA&#8217;s target range. 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However, the rate jumped to 0.9% (3.6% annualized) &hellip; Continue reading \"Australian Jobs versus Rate Cuts\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2025-05-15T08:12:03+00:00","article_modified_time":"2025-05-15T08:21:35+00:00","og_image":[{"url":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-cpi.png","type":"","width":"","height":""}],"author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"Australian Jobs versus Rate Cuts","datePublished":"2025-05-15T08:12:03+00:00","dateModified":"2025-05-15T08:21:35+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/"},"wordCount":291,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-cpi.png","keywords":["Aggregate Monthly Hours Worked","Australian CPI","Australian Unemployment","Employment","NAB Business Capital Expenditure","NAB Business Cashflow","NAB Business Conditions","NAB Forward Orders","Wage Price Index NAB Business Confidence"],"articleSection":["Australia &amp; NZ","Deficit Spending &amp; Employment","GDP and Activity"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/","name":"Australian Jobs versus Rate Cuts - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-cpi.png","datePublished":"2025-05-15T08:12:03+00:00","dateModified":"2025-05-15T08:21:35+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-cpi.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2025\/2025-05-15-aus-cpi.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/15\/australian-jobs-market-versus-rate-cuts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Australian Jobs versus Rate Cuts"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454","name":"Colin Twiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","caption":"Colin Twiggs"},"description":"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-g2J","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":62271,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/08\/12\/asx-200-makes-new-high\/","url_meta":{"origin":61673,"position":0},"title":"ASX 200 makes new high","author":"Colin Twiggs","date":"August 12, 2025","format":false,"excerpt":"Key Points Confidence was buoyed by a 25-basis-point RBA rate cut to 3.6% A large jump in lithium mining stocks lifted the ASX 200 to a new high Business confidence is improving, but forward orders and employment remain weak The ASX 200 advanced to a new high after the RBA\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200 Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-12-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-12-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-12-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62995,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/03\/rba-rate-cut-unlikely-as-inflation-jumps\/","url_meta":{"origin":61673,"position":1},"title":"RBA rate cut unlikely as inflation jumps","author":"Colin Twiggs","date":"November 3, 2025","format":false,"excerpt":"Key Points Australian headline CPI jumped to 3.2% for the twelve months ending September. Trimmed mean CPI increased for the first time since 2022. Business confidence and cash flows are improving. The RBA will likely pause rate cuts until inflation eases. Australian headline CPI jumped to 3.2% for the year\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australian CPI - Monthly & Annual","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-02-aus-cpi.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-02-aus-cpi.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-02-aus-cpi.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-02-aus-cpi.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":58477,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/10\/17\/asx-200-jumps-to-new-high\/","url_meta":{"origin":61673,"position":2},"title":"ASX 200 jumps to new high","author":"Colin Twiggs","date":"October 17, 2024","format":false,"excerpt":"A strong September jobs report boosted the ASX 200 to a new high of 8355, confirming our target of 8500 for this year. Labor Market The Australian economy added a seasonally adjusted 64,100 jobs in September, according to the latest Labour Report, well above expectations of 25,000. The unemployment rate\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australia: Employment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-10-16-aus-jobs.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-10-16-aus-jobs.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-10-16-aus-jobs.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":61935,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/06\/10\/australia-cautiously-pessimistic\/","url_meta":{"origin":61673,"position":3},"title":"Australia: &#8220;cautiously pessimistic&#8221;","author":"Colin Twiggs","date":"June 10, 2025","format":false,"excerpt":"Summary The ASX 200 threatens a new high But consumer sentiment is low Business conditions are weak Commodity exports are slowing, and so is economic growth ASX 200 earnings are likely to follow The ASX 200 is testing resistance at 8600. Breakout would signal a fresh advance, but the earnings\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200 Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":63049,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/11\/australia-big-jump-in-consumer-sentiment\/","url_meta":{"origin":61673,"position":4},"title":"Big jump in Australian Consumer Sentiment","author":"Colin Twiggs","date":"November 11, 2025","format":false,"excerpt":"Key Points The Westpac\u2013Melbourne Institute Consumer Sentiment Index jumped to 103.8 in November from 92.1 in October. Improving consumer demand and housing market sentiment lifted the index to its first positive reading since early 2022. NAB business confidence for October remains above its long-term average. The Westpac\u2013Melbourne Institute Consumer Sentiment\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Westpac\u2013Melbourne Institute Consumer Sentiment Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":38388,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/10\/29\/australia-inflation-the-rba-cash-rate\/","url_meta":{"origin":61673,"position":5},"title":"Australia: Inflation &#038; the RBA cash rate","author":"Colin Twiggs","date":"October 29, 2022","format":false,"excerpt":"The consumer price index grew at 7.3% for the 12 months to September, highlighting that Australia is not immune from the high inflation that has beset global economies. Bill Evans (Westpac) calls for a 50 basis point hike at the RBA's November 1st meeting: \"During this period of rising inflation\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/61673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=61673"}],"version-history":[{"count":1,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/61673\/revisions"}],"predecessor-version":[{"id":61675,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/61673\/revisions\/61675"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=61673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=61673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=61673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}