A barrage of Australian data coming out
Business Inventories +0.3% q/q
- expected +1.6%
- prior +3.2%
Company gross operating profits +7.6% seasonally adjusted in the June quarter
- expected +4.5%
- prior +10.2%
- gross operating profit raw number is the highest on record at AUD81bn. Up 50% y/y.
Wages and salaries rose 3.3% seasonally adjusted
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Separately ANZ job ads +2% m/m in August
- prior -1.0%
