Economic update
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  Confidence is returning and a China-led recovery looks imminent, just as our economist Neville Norman forecast. In the spring of 2008, Professor Neville Norman was almost alone in predicting that an economic recovery would start in the second half of this year, with interest rate rises to follow. Now almost everyone, including the Reserve Bank Governor, agrees. Professor Norman says beware of some of the negative headlines, particularly from the IMF, and keep a watchful eye on the 6 Rs - rates, rents, resources, reforms, rhetoric and recrimination.Topics: Economy, Financial Management, Management |
 Professor Neville Norman, Melbourne University |