- expected is -0.9%
- prior -4.2%
Headline figure is in the … errrr … headline ….
- The 3rd estimate of 2013-2014 is A$145.2 bn ($162.9bn previous estimate)
- Plant/machinery capex is -0.9% q/q (prior was +2.8%)
AUD/USD is higher – the market likes the better than expected headline (and the market isn’t liking the USD today anyway)
