Back on track: BRW's quarterly survey of economists shows that the recovery is a reality and confidence is returning
Article Abstract:
Economists are generally optimistic about the state of the Australian economy. Spending is being prompted by rising house prices, while exports are rising as a result of the weak Australian dollar. Salomon Smith Barney Chief Economist Paul Brennan forecasts 2.5% GDP growth in 2000 to 2001.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
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Mixed messages
Article Abstract:
The Australian economy is predicted to slow modestly in 2003, with a gross domestic product increase of 3.2%. Although the Australian dollar is increasing, monetary policy is not predicted to change. A table featuring forecasts from 11 economists is presented.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2003
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Grey shift
Article Abstract:
The Australian population is aging, and the baby-boom generation will precipitate cultural and economical changes in Australia as they reach their 50s in the early 21st century. The 4.1 million people born between 1946 and 1960 will starting moving past age 55 from 2001. Access Economics forecasts that manufacturers will have to make smaller cars, looser-cut clothing, and so on, to accommodate a longer-lived population. The decrease of compulsory retirement and the increase of the self-employed aging may contribute to a worker shortage.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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