Westpac Economic Update: 15 August 2014

Westpac Economist Elliot Clarke comments on this week’s NAB Business Survey with overall conditions improved, the Melbourne Institute Consumer Sentiment Survey and wage price index indicating caution over the labour market. Plus looking ahead to next week’s RBA August minutes, Governor Stevens insights on the economy, risks and outlook; as well as oversea in the US, Jackson Hole meeting to discuss the labour market and global economy.

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.