Westpac Economic Update: 29 August 2014

Westpac Economist Elliot Clarke comments on this week’s construction work done survey indicating trends from infrastructure spending and residential investment, and also the CAPEX survey with a downside surprise from equipment spending. Plus looking ahead to next week’s GPD, RBA announcement and overseas ECB meeting.

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.