Weekly Economic Update 6 March 2017

In this week’s Australia & NZ Economic update print version:

Australia

  • RBA on hold; macro prudential policies have worked for the RBA; risk of more on the way

  • Data Wrap:

                 -  Q4 Business Indicators survey

                 - Q4 current account, AUDbn

                 - Jan private sector credit

                 - Q4 GDP

                 -  Jan dwelling approvals

                 -  Jan trade balance

  • Round-up of local data released over the week

  • Data preview:

                 - Jan retail trade

                 - RBA policy decision

                 - Jan housing finance (no.)

New Zealand

  • New Zealand: week ahead & Data wrap

  • Round-up of local data released over the week

  • Data preview

                 -  Jan building consents

                 -  Feb retail card spending

Other countries data preview:

  • ECB Mar meeting

  • US Feb nonfarm payrolls

Key data & event risk for the week ahead

Read the full report here

https://wibiq.westpac.com.au/wibiqauthoring/_uploads/file/Australia/2017/March/WestpacWeekly20170306.pdf

Economic & financial forecasts

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Full disclaimer

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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