Australian Economy Australian interest rates Featured Article

Bring forward your next rate cut

Thursday 17 November 2016

Because it appears to be coming for the simplest of reasons: jobs.

Today’s job release was weak and continues a trend of weakness. Full time jobs growth is now falling year on year and part time has topped:

And, as you can see, when that happens interest rates fall too.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.