Prosperity more at risk than politicians admit

Original article by Jacob Greber
The Australian Financial Review – Page: 5 : 30-Jun-15

Australia’s economic growth may be headed for a "new normal" of 2.75 per cent or three per cent, according to former Treasury secretary Martin Parkinson. Speaking at a leadership forum in Canberra, Parkinson cast doubt on predictions that growth would rebound to its long-term average of 3.5 per cent. Grattan Institute CEO John Daley backed Parkinson, saying the Federal Government was assuming "an awful lot of things" will go right in its rosy predictions.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, GRATTAN INSTITUTE, INTERNATIONAL MONETARY FUND, AUSTRALIAN LABOR PARTY, RESERVE BANK OF AUSTRALIA

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