Mid-Year Economic and Fiscal Outlook

The Mid-Year Economic and Fiscal Outlook (MYEFO), published by Australian Government, updates the economic and fiscal outlook from the previous budget.

Most recent - Wednesday 13 December 2023 01:30

Next event - Thursday 19 December 2024 01:30

The typical/expected impact on AUD pairs is medium.

Trading range

Past events

Date
Wednesday 13 December 2023 01:30
Thursday 16 December 2021 01:30

Economic context

Recent economic data has been strongly bullish for AUD. The following recent announcements may affect the market reaction to Mid-Year Economic and Fiscal Outlook:

PreviousLatest
Employment Change s.a.Bullish change12.1K35.6K
Full-Time EmploymentBullish change9K52.6K
Participation RateBearish change67.1%67%
Part-Time EmploymentBearish change3.2K-17K
Unemployment Rate s.a.Bullish change4.1%3.9%
RBA Interest Rate Decision(no change)4.35%4.35%
Exports (MoM)Bullish change-4.7%3.6%
Imports (MoM)Bullish change-2.8%0.1%
Trade Balance (MoM)Bullish change4532M5953M
Gross Domestic Product (QoQ)Bullish change0.2%0.3%
Gross Domestic Product (YoY)Bearish change1%0.8%
AiG Industry IndexBullish change-28.8-10.8
Judo Bank Composite PMIBullish change49.450.2
Judo Bank Services PMIBullish change49.650.5
Retail Sales s.a. (MoM)Bullish change0.1%0.6%
Building Permits (MoM)Bearish change5.8%4.2%

About Mid-Year Economic and Fiscal Outlook

Country:Australia
Currency:AUD
Source:
Category:Politics
Frequency:Irregular
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