Threat to good times, says OECD

Original article by John Kehoe
The Australian Financial Review – Page: 1 & 4 : 10-Dec-18

A new report from the OECD concludes that Australia’s housing market is likely to experience a soft landing. However, the OECD notes that the nation’s 27-year record of economic growth would be at risk if there is a hard landing in the property market. The international agency expects Australia to record economic growth of 3.1 per cent in 2018 and 2.9 per cent in 2019, although these forecasts were made prior to the release of the latest national accounts data.

CORPORATES
ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, RESERVE BANK OF AUSTRALIA, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, AUSTRALIA. DEPT OF THE TREASURY

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s