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Musings from ANZ; A strong.....>

AUSTRALIA DATA REACT
AUSTRALIA DATA REACT: Musings from ANZ; A strong CAPEX report overall. Q2
activity came in ahead of expectations, with a solid plant and equipment spend,
which will contribute to Q2 GDP. The outlook for 2017-18 investment was also
revised upward. Solid reported business conditions appear to be supporting the
transition away from the mining sector, with a number of services industries the
key beneficiaries.

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