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(M2) Correction Extends


Late Session Rebound


(M2) Corrective Cycle Remains In Play


(M2) Gains Still Considered Corrective

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-MNI Median for Employed Persons +22,000 M/M
     SYDNEY (MNI) - The following is a table detailing individual economists'
forecasts for Labor Force Survey for March based on a survey by MNI. The data
will be released by the Australian Bureau of Statistics at 1130 hours local time
(0130 hours GMT) Thursday.
                       Employed  Unemployment  Participation
                        Persons          Rate           Rate
                   Change (M/M)             %              %
                          March         March          March
Median Forecast         +22,000           5.5           65.7
High Forecast           +30,000           5.6           65.7
Low Forecast            +10,000           5.4           65.6
Mean                    +22,300           5.5           65.7
No of Responses              15            16             13
Previous Report         +17,500           5.6           65.7
ANZ                     +18,000           5.5            n/a
NAB                     +25,000           5.5           65.7
CBA                     +25,000           5.5           65.6
Westpac                 +20,000           5.6           65.7
Deutsche Bank           +20,000           5.5           65.7
Citigroup               +25.000           5.5           65.7
UBS                     +20,000           5.5           65.7
BankAM-ML               +22,000           5.5           65.6
AMP Capital             +10,000           5.6            n/a
JP Morgan               +15,000           5.6           65.7
StanChart               +29,000           5.5           65.7
Macquarie               +20,000           5.5           65.6
St George               +25,000           5.6           65.7
TD Securities           +30,000           5.5           65.7
Moody's Analytics           n/a           5.5            n/a
HSBC                    +30,000           5.4           65.6
--MNI Sydney Bureau; tel: +61 2-9716-5467; email:

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