“The index is now giving us considerable comfort that economic growth by late 2005 and into 2006 can pick up to long-term trend or even a little better.”
“With debt servicing ratios at record highs, house prices likely to remain soft and petrol prices stressing some household budgets a sharp resurgence in consumer spending seems unlikely,”
“It was sloppy and we held onto it a little better than they did. There was some hard hitting on both sides, and that ball is going to come loose. We were in the right place at the right time.”