Credit Suisse: Australian economy is stalling

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Via Damien Boey of Credit Suisse:

In our recent article “Crying wolf against the little engine that could” dated 15 November 2018, we suggested that domestic demand growth would slow sharply, and that the RBA could be forced to cut rates in response.

We have updated our proprietary activity tracker used in the article, for the latest data. Today, we received news that:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.