Weekend Economist: Conditional confidence

The uneven nature of economic growth and volatile investment spending pose serious questions for emerging economic optimism.

The Australian economy grew at a below trend pace in 2013. Growth is expected to remain below trend in 2014, with the economy navigating a period of transition as the mining boom moves from the jobs intensive investment phase to the production phase. There is evidence that the broader economy is gaining strength, albeit off a soft starting position, particularly in housing as well as consumer spending. That said, there is considerable uncertainty surrounding this transition, compounded by a number of persistent headwinds impacting the Australian economy.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

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

please enter this code below to activate your membership

If you didn't receive SMS code please

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

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles