A leading index for Australia's economy was basically unchanged in March, the latest survey from Westpac Bank and the Melbourne Institute revealed on Wednesday - showing a score of 98.38.
That's barely lower than the 98.41 in February, which saw a 0.1 percent contraction. The index also remains below the score of 100, which separates growth from stagnation.
Among the individual components of the survey, slower growth was seen in consumer sentiment expectations, dwelling approvals, unemployment expectations and commodity prices.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.