Please click the link below to view Shane Oliver's views on the Australian economy.
Key points raised are:
A rebound in the economy in the December quarter confirms that Australia is continuing to avoid recession.
There are seven reasons to be upbeat
- thanks to a more flexible economy Australia is on track to take out the Netherlands for the longest period without a recession
- South east Australia is continuing to perform well
- the great mining investment unwind is near the bottom
- the surge in resource export volumes has more to go
- national income is rising again
- public investment is strong
- and there are signs of life in non-mining investment
