Australian Economy

Aussie GDP preview

David Llewellyn-Smith
Tuesday, 4 September 2018
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First, Westpac, which is very good on these calcs:

Net exports
In Q2, net exports made a small positive contribution to growth, adding 0.1ppt, meeting expectations (market median and Westpac 0.1ppt)

Export volumes increased by 1.1% to be 3.7% above the level of a year ago, with both goods and services advancing in the June quarter.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.