ONLY CHARTS #482
Aus quarterly NAB survey, NZ household saving, & tax burden, NZ wage & profit shares, Aus household inflation expectations, NZ job ads, Aus consumer spending
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1. The share of Australian firms reporting that labour availability is a constraint on their output rose in Q4 and has fluctuated around a gradual rising trend over the past 12-18 months.
2. A higher share of Aussie firms reported that labour was a significant constraint on output in Q4; those reporting that labour is a minor constraint on output also increased.
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