OZ GDP put
economists calls blown out of water. They had expected a slowing due to all the restictions and snap closures
prediction of 2.5% Q/Q delivered 3.1% for annual run rate (recovery rate) 12.4% not bad
Later this month in NSW, you will be able to stand in bars clubs and restaurants,,,thats the plan anyway which should also see a boost to hospitality industry -------- certainly a few Ive spoken to are happy with the current improvements being back to 2M rule but looking forward to ppl being able to stand
GDP good for transations
Solid recovery underway and RBA keep its QE going to pin front end rates
backdrop is improving despite calls that it would be stalling,,,,good for many
OZ GDP put economists calls blown out of water. They had...
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