Westpac Economic Update: 22 August 2014

Westpac Economist Elliot Clarke comments on this week’s RBA minutes looking towards a period of stability given the uncertainty in the outlook, returned consumer confidence and the dwelling investment pipeline. Offshore, he comments on the FOMC meeting and the labour and housing markets. Plus looking ahead to next week’s construction work done and the Capex survey.

You can find more weekly economic updates from Bill Evans and his team on the Westpac website. Their forecasts are available every Friday at lunchtime, Sydney time.