The Australian Economy in 2015-16: Uncertainties and Challenges
T Robinson, S Tsiaplias, VH Nguyen
The Australian Economic Review | Wiley | Published : 2016
The article discusses the uncertainties and challenges of the economic condition of Australia in 2015-2016. It outlines the important economic trends in 2014-2015 that are remnants of the 2013-2014 including the sluggish growth of the domestic final demand. Also emphasized are impact of China's economy on the uncertain macroeconomic outlook and the anticipation that subdued wage growth, increased unemployment rate and weak growth on domestic demand will likely to persist.
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Awarded by Australian Research Council
We thank Guay Lim, Ian McDonald and Ross Williams for useful comments. This work was supported by Australian Research Council grant no. DP160102654.