ANZ Economic update – August 2023 edition

ANZ’s latest economic update paints a picture of complexity. Inflationary pressures remain. Wage growth is higher, and the housing market is turning.

Drivers of economic momentum are traveling in all directions at present. Fiscal policy will be expansionary in the near term. Monetary policy will not. Net migration is very strong, but easing quickly. Geopolitical tensions remain heightened. Read ANZ’s latest update¬†here.

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