Australia: Setting The Economic Course For 2024
Sean Langcake, Head of Macroeconomic Forecasting, Oxford Economics
08-Feb-24 07:30
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The Reserve Bank of Australia recently kept its cash rate target at 4.35% at its first meeting of 2024, as inflation appears to be under control. Canberra also plans to introduce a taxation schedule designed to be more progressive and bring better economic growth down under. Sean Langcake, Head of Macroeconomic Forecasting at Oxford Economics shares his outlook for the Australian economy for the rest of this year.
Image credit: Shutterstock.com
Produced by: Shee Yi Rong
Presented by: Wong Shou Ning, Keith Kam
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Categories: economy, international
Tags: australia economy 2024, inflation cpi moderation, reserve bank of australia,