RBA's Ellis may talk on labor market, underemployment

By Sophia Rodrigues

Published On 23 Jun 2021 , 11:04 AM

RBA Assistant Governor Luci Ellis will be speaking at AI Group Business Lunch event this afternoon. The speech is due at 1:55PM Sydney time.

The topic of the speech has not been revealed but it is likely labor market will be a key theme, and within that underemployment. Given recent forecasts of RBA rate hikes starting as soon as late-2022, one cannot discount the possibility that Ellis will reiterate the RBA guidance that rate hike is still some way off.

LATEST SNIPPETS

Australia jobless rate drops to 6.4%; hours worked falls sharply due to leave

Australia's unemployment rate fell to 6.4% in January from 6.6% as the number of employed rose 29,100 while the n...

Published on : 18 Feb 2021 , 12:08 PM
ANZ analysts see NZ in leading position to normalize monpol

Forex analysts at ANZ have created an interesting pressure gauge to measure and rank the distance that each G10 econo...

Published on : 17 Feb 2021 , 11:35 AM
Key headlines from RBA statement Tuesday

From the RBA's February Monetary Policy Decision statement:
--QE extension of A$100 billion after current...

Published on : 02 Feb 2021 , 02:35 PM
AOFM updates issuance guidance for rest of the year

Following the release of MYEFO on Thursday, the Australian Office of Financial Management has updated issuance plans...

Published on : 18 Dec 2020 , 09:06 AM
Finally the MYEFO date...

After a few phone calls, I finally managed to get confirmation that MYEFO will be published on Thursday. Even the Tre...

Published on : 14 Dec 2020 , 10:45 AM
Headlines from RBA Debelle's speech Tuesday

Headline from RBA Deputy Governor Guy Debelle’s speech Tuesday:

--RBA CAREFULLY MONITORING IMPACT OF...

Published on : 24 Nov 2020 , 01:30 PM
RBA not buying bonds under yield target; A$2B under QE

The RBA will buy A$2.0 billion of November 2024 to May 2028 AGS under the A$100 billion QE program today.

T...

Published on : 19 Nov 2020 , 11:23 AM
RBA buying longer-term Semis today

The RBA is buying A$1.0 billion of Semis with maturities in the July 2028 to May 2032 range. This is part of its purc...

Published on : 18 Nov 2020 , 11:30 AM
RBA again buying April 2024 under yield target plus A$2B QE

For the third time in a row, the RBA is buying bonds under the 3-year yield target policy at the same time as it is p...

Published on : 16 Nov 2020 , 11:20 AM
CBA economists see Australia jobless rate at 5.75% by end-2021

A very bold set of forecasts from CBA economists who have just upgraded their forecasts for Australian economist.

...

Published on : 13 Nov 2020 , 10:20 AM