GDP just got booted out the park - wow + 1.2%
annualised 4.8%
hate to be short banks today...theyre on fire
The consumer caution angle that was one of the domestic risks appears to be evaporating pretty quickly.
Total investment in dwellings rose 5.0 per cent in the quarter, adjusted, to rise 11.3 per cent in the year to June, while terms of trade rose a seasonally adjusted 12.5 per cent over the quarter.
