Only Charts
www.antipodeanmacro.com
1. The propensity for part-time workers (<35hrs/week) in Australia to move into full-time work fell sharply in late 2023
2. New Zealand’s net immigration apparently plunged in November as departures jumped higher. These data are provisional and highly likely to be revised
3. Caveats aside, New Zealand’s net immigration appears to have peaked and is starting to moderate
4. New Zealand’s manufacturing PMI declined further in December, with firms reporting weak production and new orders
5. Daily housing price data for major Australian cities show further moderation so far in January in seasonally adjusted terms
