Date
GMT+01:00
Event Previous Forecast Actual
May, 12 19:00
Federal Budget Balance
Federal Budget Balance
Country:
Date: May, 12 19:00
Importance: Low
Previous: -164.1
Forecast: 37.5
Actual: -
Period: Apr

This is a report which measures the difference in value between the federal government's income and spending during the previous month.

-164.1 37.5 -
May, 13 00:50
Bank Lending
Bank Lending
Country:
Date: May, 13 00:50
Importance: Low
Previous: 4.8%; 5.2%
Forecast: 4.6%
Actual: -
Period: Apr

The value of all outstanding loans with Japanese banks. Bank lending is important because lending increases with increased business confidence and investment. It is particularly insightful for the Japanese economy because of the weakness that has plagued the Japanese banking sector. The headline number is for total loans and discounts and is a percentage change from the previous year.

4.8%; 5.2% 4.6% -
May, 13 00:50
Current Account
Current Account
Country:
Date: May, 13 00:50
Importance: Low
Previous: 2709.0bln; 3932.7bln
Forecast: 2940.0
Actual: -
Period: Mar
2709.0bln; 3932.7bln 2940.0 -
May, 13 02:30
★★
Wage Cost Index
Wage Cost Index
Country:
Date: May, 13 02:30
Importance: Medium
Previous: 0.8%; 3.4%
Forecast: 0.8%
Actual: -
Period: 1 quarter

Measures quarterly changes in Australian wages. Two versions of the Labor Price Index exist: one which includes bonuses, and one which excludes them. The Labor Price Index is similar to the US Employment Cost Index, an early indicator of wages pressure on inflation. An increase in the index suggests rising inflation pressures because firms tend to eventually pass higher labor costs onto consumers in the form of higher prices.

The headline figure is the quarterly percentage change in the Labor Price Index.

Technical note: The index is constructed by combining 8 separate indexes. The 4 wage price indices are:
• ordinary time hourly rates of pay excluding bonuses index
• ordinary time hourly rates of pay including bonuses index
• total hourly rates of pay excluding bonuses index
• total hourly rates of pay including bonuses index

The 4 non-wage price indices are:
• annual and public holiday leave
• superannuation
• payroll tax
• workers' compensation

0.8%; 3.4% 0.8% -
May, 13 04:00
★★
Expected Annual Inflation 2y from now
Expected Annual Inflation 2y from now
Country:
Date: May, 13 04:00
Importance: Medium
Previous: 2.37%
Forecast: -
Actual: -
Period: 1 quarter
Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise.
2.37% - -