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What’s on the other side of the economic boom?

What’s on the other side of the economic boom?

As the stimulus fades and vaccines are rolled out, Australia faces the prospect of subdued growth.

Fewer migrants means less demand for new housing. Paul Rovere

John KehoeEconomics editor
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The stimulus-fuelled economy is poised to boom this year, propelled by strong jobs growth and consumer spending, this week’s federal budget outlines.

The Reserve Bank of Australia and market economists broadly agree on a rosy economic outlook for the next 12 months.

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John Kehoe
John KehoeEconomics editorJohn Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com

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Original URL: https://www.afr.com/policy/economy/what-s-on-the-other-side-of-the-economic-boom-20210513-p57rrt