Lower interest rates a ‘game changer’ for economy – Westpac

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Australia may be destined for another two years of sub-par economic growth as debt-laden households keep their wallets shut tight, though analysts are hopeful lower interest rates and tax handouts.

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According to Robert Rennie, head of financial market strategy at Westpac, last week was a game changer for Australian financial markets with the shock re-election of the Coalition government.

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While we don't see the Government's tax plan as a game changer, drive could support the economy and reduce the RBA's need to act,

While we don’t see the Government’s tax plan as a game changer, a large infrastructure investment drive could support the economy and reduce the RBA’s need to act, thereby supporting the.

Lower interest rates a ‘game changer’ for NZ economy – Westpac – A dramatic fall in interest rates over the past few months will be a game changer for the economy, says Westpac’s latest Economic Overview. "The sharp drop in fixed.

Westpac tips two interest rate cuts this year as economy slows. A key factor in Westpac's change in outlook is the “likely negative wealth effect.

Third, with interest rates offered by term deposits and savings accounts likely to drop lower, it means that the income offered by dividend shares like the banks will be comparatively more attractive.

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2019-02-21  · Westpac tips two interest rate cuts this year as economy. Westpac’s change in outlook. case for lower rates,” he said. Westpac now joins a.

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A dramatic fall in interest rates over the past few months will be a game changer for the economy, says Westpac’s latest Economic Overview. "The sharp drop in fixed mortgage rates, combined with.