The bottom line for Westpac is this:
- The RBA will view this survey as indicating surprising weakness in 2012/13 but pointing to an encouraging outlook for 2013/14.
- Such an outlook will not justify a rate cut on March 5.
The bottom line for Westpac is this:
- The RBA will view this survey as indicating surprising weakness in 2012/13 but pointing to an encouraging outlook for 2013/14.
- Such an outlook will not justify a rate cut on March 5.
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