Indeed economist Callam Pickering said Australian job postings were relatively stable over the past year but hiring demand could ease through the remainder of the year amid ongoing economic headwinds. He described the labor market as neither strong n

2026-07-06

Indeed economist Callam Pickering said Australian job postings were relatively stable over the past year but hiring demand could ease through the remainder of the year amid ongoing economic headwinds. He described the labor market as neither strong nor dire and said recent signs of strain have made employment a growing consideration for the RBA. Pickering added those cracks are not sufficient to prevent the RBA from raising rates again.

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2026-07-06

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2026-07-06

Westpac expects the RBNZ to leave the official cash rate (OCR) unchanged at 2.25% at Wednesday's policy meeting. It said developments over the past six weeks—most notably a faster-than-expected fall in oil prices that has eased related inflationary p