Westpac Economic Update

Westpac Chief Economist Bill Evans comments on this week’s Governor Stevens speech for insight on interest rate cuts; inflation report for the June quarter; consumer sentiment from the budget; as well as, the Reserve Bank’s capacity to talk down the Australia dollar and adopt an easing bias that threatens to cut interest rates. Plus, looking ahead to next week’s building approvals and house price data for further insights on lending and housing outlook; as well as US data on growth and payrolls.

 

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.