Episode
Slower growth for Australia
- Podcast
- NAB Morning Call
- Published
- Jun 2, 2026
- Duration seconds
- 962
- Processing state
not_requested
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Summary
Wednesday 3rd June 2026 NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB More signs of global cooling. NAB’s Ray Attrill looks ahead to today’s Q1 GDP for Australia, with expectations dialled down following a surprising slide into a trade deficit yesterday. It shows how domestic growth was already slowing and tracking below RBA forecasts well before recent energy shocks emerged, although Ray says this, and the 4.75% increase in minimum wage, won’t impact the RBA’s trajectory. But the expectation of a rate rise from the ECB rose along with inflation yesterday. Services inflation is a particular sticking point. Hosted on Acast. See acast.com/privacy for more information.