Are we going to start using bias price parameters or the accepted CPI figures to measure the economic conditions,? Retail figures are not strong and you have to look at AUD to see what the traders are thinking.
US IR have caught up to Oz and our bank financing are at the mercy of US bond yields. Out of cycle property market is now making the sell off even more pronounced in a death spiral. XJO meanwhile recovered in the Santa rally so I’m not sure Gov Lowe will use your perceived inflationary figures to jack up IR.
