Oz Blog News Commentary

Leading index rises to disastrous

September 16, 2020 - 10:57 -- Admin

Via Westpac: The components of the Index that explained the bulk of the improvement over the month were Consumer Sentiment, Unemployment Expectations and dwelling approvals. These signals are broadly consistent with Westpac’s view that growth in the September quarter will be a solid 1.8% despite an expected 4% contraction in Victoria, which accounts for around

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