Nicki Hutley from Deloitte Access Economics says partially released GDP figures are looking “more bearish by the second” ahead of the Reserve Bank of Australia's board meeting on Tuesday. The economist said if annual rate dropped to one per cent growth , GDP figures would be at "the worst levels since the Global Financial Crisis or maybe even the worst levels since we introduced GST”. Ms Hutley said the Reserve Bank of Australia would be "looking for a confidence boost" at its board meeting on Tuesday. Image: AP
from National | Daily Telegraph https://ift.tt/2zMmzRa
Monday, September 2, 2019
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