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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

2 June 2017 (TheAge) – Treasurer Scott Morrison sounds warning over economic growth as GDP forecasts turn negative

(2 June 2017, The Age, page 1, James Massola, Peter Martin)

”Treasurer Scott Morrison has begun preparing the ground for weak or negative economic growth as the National Australia Bank marks down its forecasts, predicting a contraction of 0.1 per cent in the March quarter, making it the second quarter in three the economy has gone backwards.’



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