Australia & New Zealand Economics

Australia & New Zealand Economics Update

22 August, 2018

Economy can cope with surge in political uncertainty

As politicians don’t influence the economy by as much as they’d like to believe, the growing uncertainty over the Prime Minister’s position is unlikely to significantly dent activity. That said, recent events could crimp GDP growth further ahead if a new Prime Minister were to cut immigration and/or the infighting contributed to Labor winning the next election.

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