Scott Haslem
Scott Haslem
although continues data declines house price suggest time upside worst
The house price data continues to suggest the worst of the house price declines are in the past, although we continue to see little upside from here for some time to come.
percent puts rise risk solid upside
The solid rise puts some significant upside risk on our 0.8 percent GDP forecast.
business clear consumer exports growth investment likely looking moderate negative oil pace presents price recovering role
This reinforces the role of business investment and exports as underpinning the recovering economy. Looking ahead, the oil price presents a clear negative for the consumer and we're likely to see only a moderate pace of growth being sustained.
appear reserve top wages
Wages appear to be at the top of the Reserve Bank's watch- list.
activity domestic fourth report sign
Today's report is a sign of better domestic activity in the fourth quarter.