Aussie economy good for the next nine months

21 September 2016

 

While NAB chief economist Alan Oster thinks the economy will weaken in 2017/2018, the latest Westpac-Melbourne Institute Leading Index suggests otherwise. August’s reading was released today showing a return to above–trend growth. The Leading Index figure moved from –0.01% in July to +0.20% in August and they are the first set of positive numbers in over a year. The report, as with most economic news in recent days, has been...

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