Original article by Jacob Greber
The Australian Financial Review – Page: 6 : 6-Jun-18
The consensus of economists is that the Australian economy expanded by 0.9 per cent in the March quarter, compared with growth of just 0.4 per cent in the last quarter of 2017. The Reserve Bank and the Treasury have previously flagged growth of 0.7 per cent to 0.8 per cent for the March quarter. Meanwhile, economists expect the economy to have expanded by 2.8 per cent year-on-year in the March quarter, up from 2.4 per cent growth in the December quarter. The quarterly GDP data will be released on 6 June.
BLOOMBERG LP, RESERVE BANK OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, WESTPAC BANKING CORPORATION – ASX WBC, AMP CAPITAL INVESTORS LIMITED, AUSTRALIAN BUREAU OF STATISTICS