Economic Update July 2012
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  Running Time: 6:13 Date: 01/07/2012 A new financial year, but more of the same for the economy until 2013. At the midpoint of the calendar year, and the start of a financial one, economist Professor Neville Norman of Melbourne University reviews his annual forecasts, and finds no reason to change them. He still expects the key indicators - growth and activity, inflation, interest and exchange rates and government policy - to stay on their existing courses for the rest of 2012, ahead of an uplift in the economy in 2013. For business, that means continuing to pay close attention to fundamentals like cash flow and the terms of contracts and borrowings. And watch for the flow-on effects of Carbon Pricing, especially on gas and electricity charges. Topics: Economy, Management |
 Professor Neville Norman, Melbourne University |