Stay calm, petrol is headed down, budget is improving – economist Chris Richardson
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
Australia’s budget situation has been quietly improving. Deloitte Access Economics director Chris Richardson says the remarkable strength of the Australian economy means it no longer needs the emergency support it has been getting from the government and the Reserve Bank. Government spending fell by a record 10% in the year to January.
He...
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