Weekly Economic Update 15 May 2017

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

Australia

  • Budget introducing new layer of uncertainty to growth outlook - we still expect a slow down in 2018

  • Data Wrap:

                 -  Mar dwelling approvals

                 -  Apr business conditions

                 -  Mar retail trade

  • Round-up of local data released over the week

  • Data preview:

                 -  Mar housing finance (no.)

                 -  May Westpac-MI Consumer Sentiment

                 -  April Labour Force - employment '000

                 -  April Labour Force - unemployment %

New Zealand

  • New Zealand: week ahead & Data wrap

  • Round-up of local data released over the week

  • Data preview

                - Q1 real retail sales

Other countries data preview:

  • No data recorded for this week.

 

Key data & event risk for the week ahead

 

Read the full report here

https://wibiq.westpac.com.au/wibiqauthoring/_uploads/file/Australia/2017/May/WestpacWeekly20170515.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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