BIS Shrapnel has predicted tough times ahead for the Australian economy, forecasting that domestic consumption and investment expenditure will experience its weakest four-year run since the early-1990s recession, averaging just 2% per annum to 2017-18. From Ferret:
Richard Robinson, senior economist at BIS Shrapnel warns that employment growth will be soft with only 668,000 jobs created over the next four years.
