1. The Australian Government’s budget balance remained in surplus in the 3 months to November…
2. …and net federal government debt remained below 20% of GDP
3. The San Fran Fed’s decomposition of the drivers of US inflation suggest that declining demand-driven inflation has recently been as important as moderating supply-driven inflation
4. Average annualised wages growth in newly registered enterprise bargaining agreements (EBAs) in Australia rose to 4.1% in Q3…
5. …led higher by public-sector EBAs
6. Proposed average wages growth in newly lodged EBAs (i.e. not yet approved) in Q4 has so far been a weighted-average 4%.
7. …though the data have been jumping around on a fortnightly basis
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