Justin Smirk

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Justin Smirk

Justin Smirk

@macrojustin

Senior Economist at Westpac Group. All views expressed here are my own & may, or may not, reflect the views of Westpac Group. A retweet is not an endorsement.

Sydney, NSW, Australia Katılım Nisan 2015
588 Takip Edilen2.2K Takipçiler
Justin Smirk retweetledi
Westpac Wire
Westpac Wire@WestpacWire·
September quarter CPI data showed inflationary pressures continue to ease, but probably not by enough to trigger an RBA rate cut by year-end, says Westpac Chief Economist Luci Ellis. westpac.com.au/news/making-ne…
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Quentin Grafton
Quentin Grafton@GraftonQuentin·
In my book, ‘Retelling Australia’s Water Story’, I argue for a more inclusive vision for managing water into the future.  How do we create a sustainable Australian water future? abc.net.au/listen/program… via @ABCaustralia
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Roderick Campbell
Roderick Campbell@R_o_d_C·
The coal mines @tanya_plibersek just extended are really big. Here's the size of the mines compared to Sydney, Melb and Canberra If the Narrabri mine was in Sydney, it would extend from Mosman, past the airport to Rockdale. @TheAusInstitute
Roderick Campbell tweet media
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Justin Smirk
Justin Smirk@macrojustin·
@TheKouk Without the government cost of living rebates the annual inflation rate would have been…
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Stephen Koukoulas
Stephen Koukoulas@TheKouk·
With out the rise in dwelling rent, insurance, education and tobacco annual inflation would have been around 1%. Really stupid when you put it that way isn’t it?
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Justin Smirk
Justin Smirk@macrojustin·
In preparation for my trip to PNG next week we have published our PNG Economic Update with the focus on our new Imports Indicator which suggests imports into PNG have been trending down since February! westpaciq.com.au/economics/2024…
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Justin Smirk
Justin Smirk@macrojustin·
The labour market remains tight. Don’t fall for it was all partime. Hours worked grew more than employment while participation is trending higher, even for males. There is no chance of a rate cut on these numbers this year!
Bjorn Jarvis@Bjorn_Jarvis

The trend data in today's @ABSStats Labour Force release continues to suggest it's a relatively tight labour market.

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Justin Smirk
Justin Smirk@macrojustin·
@MattCowgill Ezra is in a league of his own. I can’t think of anyone else in the world who has a patch on him!
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Matt Cowgill
Matt Cowgill@MattCowgill·
who is the Australian equivalent of Ezra Klein?
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Justin Smirk
Justin Smirk@macrojustin·
@PeteWargent And momentum is slowing with a six month annualized pace of just 3.4%yr.
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Matt Cowgill
Matt Cowgill@MattCowgill·
the correct answer to “Blur or Oasis” is obviously Pulp
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David Taylor
David Taylor@DaveTaylorNews·
Just to be clear, the end goal is for "headline" inflation to land somewhere between 2 and 3 per cent Today that figure rose from 3.6 per cent to 3.8 per cent
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Justin Smirk
Justin Smirk@macrojustin·
We have held are June Qtr CPI forecast since early June and it remains 1.0%qtr. The all important Trimmed Mean also remains 0.9%qtr. If the CPI prints as we expect it does not close the window for a potential rate cut in November.
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Justin Smirk retweetledi
Jason Furman
Jason Furman@jasonfurman·
Economics is an ecosystem and I love most or perhaps even all of it. Theorists. Empiricists. Government statisticians. Ivory tower academics. In the trenches think tankers. Investment bank economists. Government economists. Tweeters. And many more I didn't mention.
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