top of page
Search
  • Shane Oliver

The Australian economy still soft


- Australian economic growth is soft at just 2% year on year. While the economy is rebalancing, expect sub-par growth to continue.

- Ongoing sub-par growth is likely to drive the RBA to cut rates again & the $A is on its way to around $US0.60.

- Recent profit results reflect the economy, with poor resources earnings but reasonable profit growth from industrials. This is likely to remain the case.

Read the full article here


12 views0 comments
bottom of page