2016: Strong outlook with tremendous scope for growth

Although there are some negatives, they don't appear sufficient to outweigh a very good outlook.

Summary: Jobs growth is the strongest it has been for seven years. The non-mining economy is doing quite well while business conditions are above average and business credit growth is rising. A number of indicators point to solid and ongoing strength in the non-mining sector, which is unlikely to be curbed by high debt or rising interest rates. Although China is slowing, growth in our major trading partners is only slightly below trend.

Key take out: While some negatives may weigh, they don’t look like they’ll be sufficient to offset the tremendous scope for strong growth in the Australian economy.

Key beneficiaries: General Investors. Category: Economy.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles