Original article by David Uren, David Crowe
The Australian – Page: 1 & 4 : 4-Jan-16

Federal Treasurer Scott Morrison says Australia’s economic growth remains strong, despite the revised forecasts for 2015-16 and 2016-17 in the recent mid-year Budget update. Morrison adds that household consumption is also strong, and stresses that government policies in 2016 will be aimed at strengthening consumer and business confidence in an election year. Bill Evans of Westpac has identified a further deterioration in the nation’s terms of trade as the largest risk to the economy.

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AUSTRALIA. DEPT OF THE TREASURY, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, DELOITTE ACCESS ECONOMICS PTY LTD, AUSTRALIAN LABOR PARTY, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB