Why Australia can stay recession-free for longer

By Patrick Commins
Updated December 6 2017 - 10:08am, first published 10:04am
Sydney NYE 2016. The 12am New Year's Eve fireworks on Sydney Harbour, viewed from Mrs Macquarie's Chair. 1 January 2017. Photo: Wolter Peeters
Sydney NYE 2016. The 12am New Year's Eve fireworks on Sydney Harbour, viewed from Mrs Macquarie's Chair. 1 January 2017. Photo: Wolter Peeters
New lights installed for trials in the road and footpath that alert pedestrians on their mobile phones that the don't walk lights are illuminated.
Photo taken on the corner of Pitt and Goulburn Streets, Sydney.
29th March 2017.
Photo: Steven Siewert
New lights installed for trials in the road and footpath that alert pedestrians on their mobile phones that the don't walk lights are illuminated. Photo taken on the corner of Pitt and Goulburn Streets, Sydney. 29th March 2017. Photo: Steven Siewert

Australia is likely to lag the current global economic uplift, but strong population growth and a fundamentally resilient economy should see the country outperform other developed economies over the longer term, BIS Oxford Economics head of Australian economics Sarah Hunter says.

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