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Westpac Econonomic Update March 2012

Westpac Economist Elliot Clarke comments on the week’s market events in this short 3 minute video.

Consumer confidence has dropped back to levels similar to those  before the RBA dropped interest rates last year.

This is not a good sign for our property markets as worries over the economy lead to softer consumer sentiment figures and concerns grow over job losses in both the mining and non-mining sectors.



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About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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