1. Asking rents for units, and particularly houses, in Australia continue to increase strongly
2. The long-running ACCI-Westpac survey of industrial firms in Australia suggests that orders have become the most limiting factor on increasing output for a rising (albeit still low) share of firms.
3. While labour availability remains an important factor limiting firms’ ability to raise output, the same firms report that it has become much less difficult finding workers
4. Unit costs have continued to surprise on the upside for a relatively high share of industrial firms in Australia…
5. …as have firms’ own selling prices
6. Recent changes in Australia’s unemployment rate have been broadly in line with that predicted by a simple Okun’s Law model based on growth in per capita GDP (see graph footnote)
Thanks. Maybe Elon does that to new additions who aren't blue ticked...
Something a bit odd: searching on Twitter for @AntipodeanMacro gets no hits, although https://twitter.com/AntipodeanMacro is alive and well.