Wednesday, December 4, 2019

Tepid growth tipped as iron ore and coal hold up Australia's 28 year recession free run

Surging iron ore and coal prices are tipped to underpin better-than-expected economic growth as Australia's 28 year recession free run continues. 

However, soft retail sales in the leadup to Christmas show consumers remain cautious despite three official interest rate cuts this year. 

BIS Oxford Economics chief economist Sarah Hunter speaks with ABC's Peter Ryan.

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