Economy faces a ‘difficult ride’

By Staff Reporter

Quentin Grafton said a reduction in business investment, a high Australian dollar, an overvalued property sector and softening prices of key commodities would all weigh on the local economy in the coming 12 months. “Put all those things together and it could be a difficult ride for us,” he said, according to the AFR. “This isn’t about doom and gloom – it’s about looking at the risks and numbers.

Read more here: Business Spectator


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