Last week we wrote about the Australian economy finishing 2020 with a bang and broadening and strengthening economic recovery early in 2021. Those same sentiments were evident in Treasury’s Mid-Year Economic and Financial Review released last week with upgrades...
Australian economic growth is accelerating out of recession at a quickening pace forcing repeated upgrades of market and official economic forecasts. The RBA lifted its GDP growth forecasts for 2020 and 2021 in the August and November Monetary Policy Statements. It...
Risk assets rose strongly in November spurred on by covid-19 vaccination progress, more evidence of the strong initial rebound out of the global recession and reaffirmation by central banks that they will maintain low interest rates and liquidity support much longer...
