Australia’s success in managing COVID-19 has allowed the economy to surge back from its pandemic lows.
With monetary and fiscal policy still incredibly stimulatory, the economy is shaping up to head into a strong period of growth.
How sustained and strong the growth will be, will depend critically on whether business investment meaningfully picks up which was the key ingredient missing in the half a decade prior to the pandemic.
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Hayden Dimes a rates strategist and economist with the ANZ Bank will provide an economic update focussing on Australia’s future.