Weekly Economic Update 18 July 2016

In this week’s Australia & NZ Economic update:

Australia

  • RBA to cut in August; may be sensible to review inflation target
  • Data Wrap:

                 - May housing finance

                 - June NAB business survey

                 - July Westpac-MI Consumer Sentiment

                 - June labour force

  • Round-up of local data released over the week
  • Data preview  - June Westpac-MI Leading Index

New Zealand

  • New Zealand: week ahead & Data wrap
  • Round-up of local data released over the week
  • Data Preview Q2 CPI

Key data & event risk for the week ahead

Read the full report here http://www.westpac.com.au/docs/pdf/aw/economics-research/WestpacWeekly.pdf

Economic & financial forecasts

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Past performance is not a reliable indicator of future performance. The forecasts given above are predictive in character. Whilst every effort has been taken to ensure that the assumptions on which the forecasts are based are reasonable, the forecasts may be affected by incorrect assumptions or by known or unknown risks and uncertainties. The results ultimately achieved may differ substantially from these forecasts.

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