Forex Automoney

At a conference in Sydney speaking to economists, Treasurer Swan made the following comments:

• Australian economy is performing better than forecasted.
• There are still significant economic challenges and risk that remain.
• Unemployment might still possibly rise, and business investment may still slow down.
• Aussie economy has proven its resilience.
• Still spare capacity in Australian economy.
• No justification for banks to raise rates above RBA.

written by admin \\ tags: Australian Economy, Banks, Business Investment, Economic Challenges, Economists, Justification, Resilience, Risk, Swan, Sydney, Unemployment