The economy 2009/10
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The financial year ahead: are we on the road to recovery, or are there still major obstacles ahead? Business Essentials economist Professor Neville Norman gives his forecasts for the Australian economy in financial year 2009/10. He says the Rudd Government's stimulus packages have worked, though the government has made other mistakes. And he believes official Treasury forecasts are too gloomy: he sees early signs of a recovery, which could lead to interest rates rising again in 2010, along with inflation.Topics: Economy, Financial Management, Management |
Professor Neville Norman, Melbourne University |