Australian economy: employment and spending insights

Ahron Young analyses new employment and spending data, exploring economic strength and interest rate projections

Australia faces a crucial economic test as fresh employment and household spending data for May are released, providing new insight into the strength of consumers and the broader economy.

We speak with David Scutt, Senior Market Analyst from StoneX, about what the latest figures could mean for growth, confidence and the outlook for interest rates.

The Reserve Bank’s next move remains in focus, with questions swirling over inflation, unemployment and whether further rate hikes could still be on the table.

Scutt breaks down the key economic indicators driving decision-making and what investors should be watching closely.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker