I posted the capex data here, with my response.
And the Fast FT response is here
Bloomberg have a piece up now:
- "At this juncture, where the baton is supposed to have well and truly passed from mining investment to non-mining investment, the numbers aren't good enough," said Su-Lin Ong, head of Australian economic and fixed-income strategy at Royal Bank of Canada in Sydney. The data don't indicate "that there will be a strong and sustained recovery."
Not a positive take at all from RBC
