Australia: Mid-Year Review, jobs, population and wealth are the highlights
On Monday
The week may kick off on Monday with the Mid-Year budget
update (it is expected some time over the week). In the full twelve months to
October the underlying cash balance was $174.6 billion (8.8 per cent of GDP).
The budget deficit for the four months to October was $3.6 billion lower than
the ‘profile’ deficit.
Also, on Monday the Bureau of Statistics (ABS) issues
overseas arrivals data for October and the “Household Impacts of COVID19 Survey”
for November.
On Tuesday
On Tuesday, weekly indicators are issued, including
Commonwealth Bank (CBA) data on card spending, the ANZ-Roy Morgan consumer