Economic growth and employment will continue to charge ahead, driven by significant increases in business investment and consumption, the Treasury predicts.
Economic growth next financial year will hit 4.25 per cent, well above the previous forecast of 3.5 per cent. This financial year, growth will end up at 1.25 per cent, far ahead of the mid-year update of 0.75 per cent.
Loading...
Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
