Westpac-MI Leading Index Bulletin

The Australian economy is experiencing a loss of momentum, with the Westpac-MI Leading Index at -0.17% signaling continued sluggish growth through 2027.

Key Takeaways

• 1.The Westpac-MI Leading Index growth rate remains weak at -0.17%, indicating sluggish momentum for the Australian economy.
• 2.Economic slowdown is broad-based, driven by yield gap narrowing, weaker consumer expectations, and cooling dwelling approvals.

Table of Contents

• Key points
• Leading Index points to sluggish, below-trend growth
• Corporate Directory
• Things you should know
• Disclaimer
• Additional country disclosures

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