OECD says rate rises in 2018

28 November 2017

 

In its latest economic forecast, the Organisation for Economic Development (OECD) has forecast a rosy picture for Australia during 2018. It expects the economy to “continue growing at a robust pace” on the back of higher business investment and net exports. Australia’s unemployment rate is expected to fall, household incomes and private consumption are expected to rise. Inflation and wages “will pick up gradually”. While this all sounds good, there...

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