ONLY CHARTS #178

Aus wages, Aus household debt, Aus job vacancies, Aus labour market, Aus Q3 GDP nowcast

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1. Growth in salaries advertised in job ads on SEEK in Australia slowed to +0.2% m/m in August, though this followed a relatively strong July outcome.

On a 3m/3m basis, SEEK’s salary index has recently picked up to a ~4% annualised rate.

2. The household debt-to-income ratio in Australia ticked a little higher in Q2 but has been little changed for several years.