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Below-potential GDP in Australia for 2016 - Nomura

Andrew Ticehurst, Global Markets Rates Strategist at Nomura, anticipates modestly below-consensus and below-potential GDP in Australia for 2016.

Key Quotes

Mining is still detracting from growth

Consumer spending growth only moderate

Dwelling construction will contribute less

Fiscal policy modestly contractionary

AUD not yet clearly stimulator

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