The clouds on Australia's economic horizon

As mining investment tapers, signs of life in other sectors have somewhat diminished downside risks to domestic growth, but external and local headwinds will still challenge the RBA's policy settings.

Pimco

It has long been expected that 2014 would be the year when mining investment would begin to significantly detract from real growth in Australia as the investment intensity of many large-scale resource projects starts to decline.

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