Reserve Bank of Australia Governor Bullock reading the writing on the wall for economic growth in Australia:Very weak Australian economic growth expectations cut even furtherReserve Bank of Australia Governor Bullock and Assistant Governor (Financial Markets) Kent appearing before the Australian parliament before the Senate Economics Legislation CommitteeBullock:expect Q1 GDP growth to be quite loweconomy is weak, that is showing up in consumptionlooking for a soft landing for the economyunderlying inflation is coming down, but only slowlyIf by underlying she means core, that's rising. The latest monthly reading:Trimmed mean: 4.1% y/yprior: 4.0%More:demand still exceeds the economy's capacit
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