Economic Update August 2012
Listen to a Preview
Update Required
To play the media you will need to either update your browser to a recent version or update your Flash plugin.
  Running Time: 7:52 Date: 01/08/2012 The economy's still sluggish - what are the indicators to watch in the months ahead? With the economy still in the doldrums, and no sign of a general uplift in the immediate future, Professor Neville Norman of Melbourne University this month offers an insight into how he goes about compiling his forecasts. What are the key indicators he looks at, and where should we go to find the data that will allow us to keep track of what's happening and form our own judgements? GIRP is his guide, Professor Norman tells us - Growth, Inflation, Rates and Policy. Plus a dash of intuition accumulated over the years.To find the underyling figures, go to the Australian Bureau of Statistics website www.abs.gov.au and the Reserve Bank site www.rba.gov.au. Topics: Economy, Financial Management |
 Professor Neville Norman, Melbourne University |