Antipodean Macro

Antipodean Macro

Only Charts

ONLY CHARTS #506

Aus job ads, Aus wages growth, RBNZ outlook

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Antipodean Macro
Feb 18, 2026
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1. According to DEWR, the number of new online job ads in Australia rose +3.6% m/m in January. While new job ads appear to have now risen for several months, some caution is warranted with data around the turn of the year. A solid rise in job ads in January 2025 (+3.8% m/m) was no sustained.

2. New job ads have trended higher most strongly in WA and Queensland in recent months…

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