Australian labour market report (for December) is due at 0030 GMT

Employment Change

  • expected 15.0K, prior 61.6K

Unemployment Rate

  • expected 5.4%, prior 5.4%

Full Time Employment Change

  • prior was 41.9K

Part Time Employment Change

  • prior was 19.7K

Participation Rate

  • expected is 65.5%, prior was 65.5%

This preview via ANZ:

  • We are again looking for a moderation in employment growth after yet another strong result in November.
  • Growth in jobs is running well ahead of what other indicators such as ANZ Job Ads suggest is the true pace of employment growth. At some point we think there will be a sustained correction to smaller gains. The uncertainty is about exactly when that will happen