Australia’s commerce surplus remained elevated in November and hit $13.2 billion after exceeding $12 billion for 2 months in a row.
The steadiness on items and providers was $12.7 billion in October and $12.5 billion in September.
ANZ economists anticipated to see a cooler $11.5 billion surplus for the month.
The Australian Bureau of Statistics reported exports dipping 0.4 per cent and imports falling 1.5 per cent over the month.
Jobs market SEEK has additionally launched its month-to-month job adverts report, which confirmed a 2.6 per cent decline within the remaining month of 2022.
This adopted a bigger 4.9 per cent drop the month earlier than.
SEEK ANZ managing director Kendra Banks mentioned the slowdown in adverts posted to the positioning steered corporations have been winding down on the finish of the 12 months.
Despite job advert volumes plummeting 21 per cent from their May 2022 peak, they continue to be 34 per cent above pre-pandemic ranges.
Applications per job lifted by 10.4 per cent, which Ms Banks mentioned indicated candidates have been keen to take up alternatives within the new 12 months.
“Hospitality and tourism roles have seen the greatest increase in applications per job ad, while workers in trades and services are heavily in demand,” she noticed.
In November, functions per job edged downwards by 1.1 per cent.
