Antipodean Macro

Antipodean Macro

Only Charts

ONLY CHARTS #467

NZ migration & travel, NZ Truckometer, Aus unemployment, Aus job ads, RBA cash rate pricing

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Antipodean Macro
Dec 10, 2025
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1. Preliminary estimates suggest that New Zealand’s net immigration picked up a little in October. There were downward revisions as usual to prior outcomes.

2. The modest recent increase in New Zealand’s net immigration has largely been driven by fewer migrant departures…

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