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.http://youtu.be/HUBGl_OwCg8


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