'… Westpac economists now reckon the Government will need to borrow about $15b more than we had expected just a few months ago
… Paradoxically, [Willis] wants to reduce the income the govt receives by introducing about $15b of new tax cuts …'
Craig Renney
archive.is/tcS2R#selectio…
Stuart Tomlinson gerard collis At Westpac there were big redundancies in the 90s as they recovered from nearly going under. Turned out the Stores GM had forecast retirements and bought watches in bulk at a good price. We gave them to long serving staff being made redundant instead.
Australia Leading Index Stays Subdued. The Westpac-Melbourne Institute Leading Economic Index in Australia edged down 0.1% month-over-month in March 2024, swinging from a 0.1% rise in the prior month. #Australia