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UBS: RBA rate cut comes into view

December 5, 2018 - 14:55 -- Admin

Via UBS: Q3 domestic demand also hit a 2-year low 0.3% q/q, & down to 2.7% y/y – as Victoria slowed (0.2% q/q, 4.3% y/y), & WA eased (0.4%, -0.6%), but NSW bounced (1.1%, 3.7%). Domestic demand was driven by booming public demand (1.5%, 4.5%); adding 0.4%pts to GDP (& a large 1.0%pts y/y) –

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