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- Nov 25 2020
Thailand: Building and Construction in Thailand 2020-2024: November 2020 Update
An exceptionally strong Q3 (+35.3%) work done level in the civil engineering sector, following on Q2’s strong 18.6% outturn, saw two consecutive quarters of record high work done levels by the sector....
- Nov 25 2020
Positive signs from labour market, challenges remain
Headline labour market indicators continue to outperform our expectations, with the recoveries in employment growth and participation ahead of schedule. The labour market will end 2020 in a stronger p...
- Nov 25 2020
Victorian government pushes for labour market recovery
The 2020-21 Victoria Budget forecasts a $23.3bn deficit for FY21. As with the federal and other state governments, fiscal policy is loosening in order to counteract weak private demand. But the increa...
- Nov 20 2020
Trade tensions with China simmering, but not boiling
Diplomatic tensions between China and Australia have been simmering over the past six months and have now manifested themselves in a range of import restrictions on Australian products.
- Nov 20 2020
- Nov 20 2020
- Nov 18 2020
NSW Government mobilises spending
The 2020/21 New South Wales Budget forecasts a $16bn deficit for FY21. Following the course set by the federal budget and other state budgets, NSW is ramping up fiscal stimulus to address the lack of...
- Nov 13 2020
Tasmanian budget confirms federal road commitments
The Tasmania Budget 2020/21 delivered an increase in infrastructure spending, but this was mostly limited to reciprocating commitments made by the federal government on jointly funded projects. The bu...
- Nov 13 2020
Latest Global Analysis
- Nov 26 2020
Tighter credit conditions to constrain the recovery
Global bank credit standards continued to tighten in Q3 and early Q4, despite a rebound in world GDP in Q3. Although the pace of tightening in the US is moderating and the picture in most emerging mar...
- Nov 23 2020
Coronavirus Watch: Near term worries focus minds
After healthy rises on initial positive vaccine news from Pfizer BioNTech, global equity markets failed to push higher last week. Despite the encouraging medical news flow, logistical challenges remai...
- Nov 20 2020
Long-term impacts of Covid-19 will be spread unevenly
We expect the long-term hit to GDP from the Covid-19 pandemic for emerging markets (-3.8%) to be more than double that of developed markets (-1.5%) despite both incurring a similar sized hit in 2020....
- Nov 17 2020
Global: Labour markets may have gotten ahead of themselves
The sharp rebound in advanced economy (AE) employment over recent months has helped support the substantial initial pickup in consumer spending. But while surveys suggest that the jobs revival will co...
- Nov 16 2020
Coronavirus Watch: Vaccine news reduces uncertainty
The recent encouraging Covid-19 vaccine developments bode well for a significant easing of restrictions on activity in 2021, while diminishing downside risks relating to delayed medical advances to co...
- Nov 16 2020
Global Macro Themes and Asset Views Chartbook, November 2020
In our global macro chartbook for November, we summarise our views on current global themes and asset markets, and link to our research highlights over the last month. With many economies imposing tig...
- Nov 13 2020
Global: Implications of a vaccine for growth
News of an effective potential vaccine is a significant boost in the fight against Coronavirus, but it doesn’t yet warrant an upgrade to our baseline forecast.
- Nov 12 2020
Global: A vaccine is a major step, but policy response is also key
Some economists have been quick to upgrade their GDP forecasts for next year in response to the news that the Pfizer-BioNTech Covid-19 vaccine appears highly effective. While this development undoubte...
- Nov 11 2020
Global financial conditions remain favorable
Decisive policy measures across the global economy still provide supportive financial conditions in the advanced economies (AEs) and in China, while emerging markets (EMs) have recovered about a third...
- Nov 09 2020
Coronavirus Watch: Growers, slowers, & going lowers
Although the US election results have not triggered a significant change to our assessment of the US or global economic outlook for 2021, double dips in Europe due to the imposition of second lockdown...
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In the media
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