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2015 mid-year economic update

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Running Time: 5:59

Date: 01/07/2015

Stimulus packages and other initiatives for small businesses from the May 2015 budget have delivered a happy new financial year!

Professor Neville Norman of Melbourne University summarises the economic activity indicators, including a growing GDP, a slight drop in manufacturing and production levels, unemployment rates down, inflation up, and surging housing prices. Neville explains where to from here and how it compares with his forecast from the start of the year.


Topics: Economy

Prof. Neville Norman, Melbourne University