The think tank predicts the economy will expand by 4.5 per cent in 2021 up from 3.2 per cent and will then grow another 3.
1 per cent through 2022. Global economic prospects have also been upgraded from 4.2 per cent to 5.6 per cent, boosted by the rollout of COVID-19 vaccines
Source: Financial Digest (financialdigest.net)
Context is required here, are we growing at the fastest rate in relation to recovering what was lost due to pandemic policy, recovering? What will the growth rates be when we are back to employment levels prior? For they were not impressive prior, wages were dead in the water.
Legalise marijuana and see it soar
We certainly dodged a bullet at the last Federal Election. Can you imagine the ALP Government in charge during these times? 🙄
Except CBA says 110K jobs will be lost when Job Keeper and Job Seeker ends at the end of this month auspol
Thankfully Labor aren't in power othewise its would have been the worst downturn in Australia's history. My team is by far the best.
Well anything over a snail pace is faster, even then they won't be able to fix the economy the liberals have stuffed up for a while