02 Jun '23 at 7:29 am #59646
Participant
Australia’s minimum wage will be increased by 5.75% on July 1, prompting upward revisions to Reserve Bank of Australia’s terminal cash rate forecasts at ANZ and RBC.
Australia’s April Home Loans -3.8% m/m (expected 3.0%; last 5.5%) and investment lending for homes -0.9% m/m (last 3.4%)