Via NAB comes the business survey:
Not much to crow about there. Employment still OK but not strong. Components:
The leading indicators of forward orders and capex are still poor. Only banks and miners happy. Rates cuts still ahead. Full report.
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.
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