Westpac Chief Economist Bill Evans comments on this week’s Westpac Melbourne Institute Consumer Sentiment Index release, where consumer confidence has dropped 7%. And that’s not good!
He also comments on US Federal Reserve Chairman’s speech to Congress and the movement in the Australian dollar.
Plus, looking forward to next week’s release of the Capital Expenditure Survey, and business and housing credit growth data.
This video is well worth watching if your interested in our economy, the real estate markets and property investment: