Shane Oliver
This edition of Oliver’s Insights looks at the impact of the mining boom and interest rates on the Australian economy in 2014 .
The key points are as follows:
- With the fading of the mining investment boom, the Australian economy is in for a bumpy ride in the short term, but recession is likely to be avoided.
- More interest rate cuts and a lower $A are likely to be required though, ultimately resulting in more balanced and stronger growth for the Australian economy in 2014.
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