Australian economic growth looks set to underwhelm in 2018, dashing expectations that the Reserve Bank of Australia (RBA) will hike interest rates for the first time since late 2010. The latest Westpac-MI Leading Index, a gauge that uses domestic and international indicators to predict the likely pace of Australian economic […]
Australia’s economy looks set to perform well for the remainder of the year, according to the latest Leading Index released by Westpac-MI earlier today. However, it’s the longer-term outlook that remains a concern to Westpac’s chief economist Bill Evans. The survey’s six-month annualised growth rate — something that indicates the […]
It looks like the Australian economy will enjoy a strong period of growth in the coming months, according to the latest Westpac-MI Leading Index released earlier today. However, there’s still plenty of uncertainty as to whether that will remain the case longer-term. The report’s six-month annualised growth rate — which […]
A 0.2% decline
The caution horses
Westpac has reservations. We don't.