Mining: A surprise upside

Why the end of the mining investment boom will actually boost productivity

I have a fairly positive view of the Australian economy. I have thought that growth would be higher than the consensus this calendar year. As we go through the year, growth seems to be surprising modestly on the upside and consensus is moving up to my target of 3%. I am even more positive about growth next year because I see us benefiting from greater strength in the US economy that year.


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