Q2 GDP is tracking 40bps below the RBA’s August SOMP forecast. Weekly payrolls suggest job losses in NSW are similar to the first COVID lockdowns.
Last week’s capex report was both keenly anticipated and the source of much confusion. It was keenly anticipated, as it’s
The capex report is one of the more complex reports that the ABS releases – and also one of the
We do have a firm idea about RBA capex expectations for 13-14 — from the Kent speech. They are expecting
Today is the keenly awaited Q4’12 Capex report. The prior report showed an ongoing increase in current activity but signalled