Summary: Leading index growth rate declines in December; Westpac: growth signal not particularly strong but a clear improvement on past two years; reading implies annual GDP growth of around 2.75%-3.00%; ACGB yields generally rise moderately; rate-cut expectations soften; Westpac: more positive growth signal still looks fairly tentative. Westpac and the Melbourne Institute describe their Leading Index as a composite measure which attempts to estimate the likely pace of Australian economic...