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Tuesday, August 1, 2017

Analyst response to today's RBA - Westpac

Westpac - one of Australia's big four (read: oligopolistic) banks - out with some commentary on the Reserve Bank of Australia. - For the last 15 consecutive meetings, the RBA has used the same or similar language i.e. that "further appreciation could/ would complicate the adjustment process". With the A$ up circa 5% from the previous meeting,
Analyst response to today's RBA - Westpac

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