10 reasons to be positive on the Australian economy

Below summary of article written by Chris Walker

Many people think the Australian economy is going to go through really tough times. But how realistic is that view? There are in fact many reasons to conclude that the Australian economy is actually getting better, and that the prospects for an improved 2015 are becoming more convincing – the problem is, we are just not hearing about them.

In an effort to rectify what is effectively, an information imbalance that’s leading to an unduly pessimistic outlook on the Australian economy, financial commentator Peter Switzer presents 10 reasons to be positive about our economy.    

Forming part of his argument, he notes small and medium business confidence is on the rise. He also notes land and home sales are up over the year, inflation is low, electricity and fuel prices have fallen, and every Australian household is calculated to be $625 better off.