ONLY CHARTS #198

Aus wages growth, Aus GDP revisions, Aus govt finances, US PMI, Shipping costs

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1. Growth in wages advertised in SEEK job ads in Australia remained just under 0.3% m/m in September. Quarterly growth picked up in Q3 because of a solid rise in July.

2. Monthly data on Australian Government finances continued to show a modest underlying cash budget surplus equivalent to ~0.5% of GDP in September.