Markets

Growth forecasts just improved for the first time since 2018 — but the Australian economy still has a long way to go yet

A lead indicator of Australia’s near-term economic growth has just ticked into positive territory for the first time since November 2018, signalling conditions are improving. That was largely off the back of gains on the Australian Securities Exchange (ASX), improved dwelling approvals and strong commodity prices. As market volatility picks […]
Growth forecasts just improved for the first time since 2018 — but the Australian economy still has a long way to go yet
Markets

Australian economic growth could be about to take off

The global economy is picking up steam, and it looks like the Australian economy is following suit. However, don’t get too excited, it’s unlikely to last. That’s the mixed message from the latest Westpac-MI Leading Index released today, which jumped to the highest level in over a year in December, […]
Australian economic growth could be about to take off