It’s goodbye from me and it’s goodbye from the economy, according to the NAB survey:
Conditions going only one way:
It’s going to get worse according to forward orders and capex:
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NAB survey flushes toilet on Aussie economy
David Llewellyn-Smith
Tuesday 9 July 2024
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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.
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