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Australia: Real GDP growth is expected to ease ahead – NAB

By : Mex Group

Australia: Real GDP growth is expected to ease ahead – NAB

16 September 2016, 07:50

Research Team at NAB, notes that the Australian economy grew at a year-ended rate of 3.3% in Q2, the fastest pace since mid-2012, thanks to a surge in government spending but the real GDP growth is expected to ease, most clearly in 2018 after the dwelling cycle has turned and resource exports no longer contribute to growth.

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