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.