Paul Miron – Managing Director:
The Government and particularly Josh Frydenberg are certainly breathing a sigh of relief this week as the most recent positive economic data demonstrates a strong Australian economy. Phew! Just in time for the upcoming 11 May budget!
Inflation is now both locally and internationally the hottest and most controversial economic topic for the year. That is because the entire global economic recovery hinges on the ability of Central Banks to keep interest rates low for an extended period in order to give the global economy the push it needs towards a full recovery.