Australian economic reports
A review of the week's important data and events as well as key information affecting the Australian market - prepared by Westpac Economics.
Latest Australia and New Zealand weekly
Swing up, you won’t hit a wall
A genuine cyclical upswing in private sector spending is underway. This is needed, not necessarily a reason to worry about inflation. There is too much pessimism about supply capacity.
Q3 GDP Partials & Forecast Update
We have left our September quarter GDP nowcast unchanged at 0.8%qtr and 2.3% in year-ended terms. New public demand was as expected while the upside surprise to net exports was offset by a run down in public sector inventories.
Q3 Business Indicators: Firms Tap Inventory to Meet Demand
Private non-farm business inventories declined 0.9% in the September quarter. As a result, private non-farm business inventories are expected to detract 0.3ppts from economic growth in the September quarter.
Morning Report
Morning Report
Today's economic developments and market movements.
Morning Report
Today's economic developments and market movements.
Morning Report
Today's economic developments and market movements.
Westpac - Melbourne Institute Consumer Sentiment Index
Consumer sentiment's surprising bounce
A short video update from the Westpac Economics team.
Consumer sentiment pops up into positive
The Westpac–Melbourne Institute Consumer Sentiment Index surged 12.8% to 103.8 in November from 92.1 in October.
Consumers uncertain and wary heading into spending peak season
A short video update from the Westpac Economics team.