Australian Bureau of Statistics data published shows businesses are expecting consumers to slow down on spending.
Economic growth numbers for December quarter are to be released tomorrow.
Some economists are now saying Australia’s economy is showing small signs of contraction.
The ABS also released dwelling approval data for January showing how far out of reach the Albanese government’s housing target is.
Macrobusiness Chief Economist Leith Van Onselen joined Sky News host Sharri Markson to discuss the impacts of the published ABS data.
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