Economic Update August 2014
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  Running Time: 3:48 Date: 01/08/2014 Where's our economy heading in a world of uncertainty, at home and abroad? The excessively long run-up to the May Budget and the ongoing shennanigans in Parliament ever since has been confidence-sapping, says our resident economist, the ever-reliable Professor Neville Norman. Uncertainty around the world's political events, a continuing economic slow-down in China, and a Government at home that doesn't seem to be quite in control - and we may ask ourselves where we really stand at this early point in a new financial year. Neville predicts that interest rates will remain low, but he has a warning: don't use those low figures to calculate any of your own financial calculations. Topics: Economy |
 Professor Neville Norman, Melbourne University |