A 'Glass Half Full' Perspective On The Australian Economy | Q&A

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Shared September 11, 2019

This episode was broadcast on 9 September 2019.

Mike Game asked: Undoubtedly our economic outlook has downside risk especially given the global uncertainties of Brexit, the US-China trade tensions and the democracy protests in Hong Kong. Yet the Australian economy continues to grow, real wages have consistently grown albeit sluggishly, inflation is low, unemployment is low by historical measures, our housing markets have cooled and government finances have been improving with a return to surplus. Yet the commentary often implies that conditions have never been worse and that Australia is going backwards. Wouldn't it be better to embrace a glass half full perspective on Australia and our economy?

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