CBA (Commsec) on what they expect from RBA and GDP next week

CommSec (part of the Commonwealth bank of Australia)

Before you read on, there is a clue to their RBA outlook for the meeting next week in my previous post: Reuters poll on outlook for the RBA: 64/64 polled see on hold next week

Yes, that's right, CommSec the Bank as on hold next week

For Q3 GDP:

• We expect that the economy grew by around 0.4 per cent in the September quarter, pushing economic growth down from 3.3 per cent to 2.8 per cent - around the 'speed limit' of growth for the economy.

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More (from earlier today):

Australia Q3 GDP - bank forecasts so far (one is negative)

And, just adding a bit to this earlier post:

• National Australia Bank forecasting a fall of 0.2% q/q
• Nomura Australia also at -0.2% q/q

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• RBA decision is Tuesday (December 6) at 2.30pm Sydney time (0330GMT)
• Q3 GDP is Wednesday (December 7) at 0030GMT