Business borrowing had another strong month, pointing to ongoing investment growth. Investment again looks set to support economic growth this quarter.
Strong employment keeps alive the risks to wage inflation and the central bank's concerns.
We are getting the investment we need to see. It continues the theme of rebalancing in the economy: slowing consumer spending and housing being replaced with stronger exports and investment.
We are getting the investment we need to see, ... It continues the theme of rebalancing in the economy: slowing consumer spending and housing being replaced with stronger exports and investment.