Economic update
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Confidence on the rise and the indicators look promising, can higher interest rates be far away? More mainstream economists are swinging towards Professor Neville Norman's long-held view that higher interest rates are a certainty as the economy improves. It's just a matter of timing. Confidence is returning in the business world, and key indicators are turning positive. Professor Norman says it's time for the Federal Government to revise its Budget forecasts - why wait until December?Topics: Economy, Financial Management, Management |
Professor Neville Norman, Melbourne University |