Australian business confidence falls to lows last seen in July 2013: Joining myself and several others in calling for additional monetary policy easing in Q1...

David Scutt

Scutt Partners

Australian business confidence falls to lows last seen in July 2013: Joining myself and several others in calling for additional monetary policy easing in Q1 2015, the NAB economics team had this to say: 'Softer commodities and labour market outlook mean we have changed our rate call to two cuts of 25 bp in March and August 2015, then on hold until late 2016. GDP forecasts cut reflecting weaker history and terms of trade: 2014/15 2.5% (was 2.9%); 2015/16 3.0% (was 3.2%). Unemployment rate now to peak at around 6¾% (was 6½%).' (VIEW LINK)


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Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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