Q4 2019 GDP data due tomorrow (Wednesday 4 March) at 0030GMT

This earlier:

Westpac are at 0.3% q/q and 1.98% y/y (were at 0.5 and 2.1)

Citing (this in brief from a longer piece):

  • Public demand and net exports … were less evident in the December quarter.
  • Weakness in private demand appears to have continued
  • Home building activity is declining, so too business investment and consumer spending is constrained by weak wages growth.