Australian growth on the mend

 

Please click here to view Shane Oliver's views on Australia's growth rate.

The key points are:

  • Australia is seeing a gradual economic recovery with growth likely to reach 2.5% next year.
  • This in turn is underpinning a likely upswing in profits.
  • The RBA is expected to cut again in November, February and May to 2.85%, although the risk is on the upside.