Australia: Latest data highlights downside risks for consumer – Westpac

Matthew Hassan, Research Analyst at Westpac, explains that the March quarter was a disappointing one for the Australian consumer as the spending came in well below expectations, rising just 0.3%, and while annual growth remains respectable at 2.9%yr, the on-again-off-again quarterly profile continues to question the underlying momentum to demand. Key Quotes “On incomes, the […]

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