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The economy shows some growth

10 March 2015

Westpac Senior Economist Elliot Clarke comments on this week's RBA announcement, going against market expectation and left cash rate unchanged however still a focus on easing policy with a likely rate cut in the next couple of months. Other key release this week was the Q4 GDP with net exports, household consumption and construction approvals contribute to growth. Plus looking ahead to next week's consumer sentiment, business confidence and labour force market data.

 

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