BoP Current Account balance for Q4: $-10.7 bn
- expected -10.8bn, prior was -9.6bn
Also, Net exports as a % of GDP for Q4, 0.5%
- expected 0.0% (flat) and prior was 0.7%
More (via Reuters):
- Australian government spending for consumption rose 0.4% in Q1
- Investment spending by the government and public enterprises fell by 2.4%
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The main event, still to come today, is the RBA meeting:
- Preview of the RBA meeting today (Tuesday 2 June 2015) - Spoiler alert: No change expected
- Preview of the RBA meeting today: on hold, but banks give dates to watch for the next cut
Then, on Wednesday (tomorrow) we get GDP data