After propelling economic growth in the second half of 2015, New South Wales and Victoria, the most populous states in Australia, now appear to be slowing, pointing to the likelihood of a moderation in growth across the broader Australian economy. That’s the takeout from the latest Stateometer report released ANZ […]
If the latest Westpac-MI leading index is anything to go by, Australian economic growth looks set to decelerate sharply before the year is out. The survey’s 6-month annualised deviation-from-trend growth rate, a gauge on the likely pace of economic growth three to nine months ahead, fell from –1.07% in February […]
The outlook for Australian economic growth continues to deteriorate, at least according to the Westpac-Mi leading index for January. Its 6-month annualised deviation-from-trend growth rate, a gauge that indicates the likely pace of economic activity three to nine months into the future, fell by 0.24 percentage points to -1.24% in […]
Outlook may have been boosted by one-off factors.
The caution horses