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Economic Update February 2014

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Running Time: 5:10

Date: 01/02/2014

Down to business again - time to check on our forecasts for 2014.

Our resident economist, Professor Neville Norman of Melbourne University, still thinks the right course of action for the Federal Government - to ease its revenue shortfall and help take the Budget back towards surplus - would be to announce an increase in the GST rate in May. And he's equally confident that they won't bite that particular bullet, so short-term fixes are likely to be the order of the day. But what about his other forecasts for 2014? So far, so good.

  

Topics: Economy, Financial Management, Management


Professor Neville Norman, Melbourne University