ANZ: “dire outlook for economy in 2016 and 2017”

Wednesday 7 October 2015

ANZ has given support to MB’s view that the Australian economy will face a significant downturn over the next two years, warning that the outlook for the economy is “dire” in 2016 and 2017. From The AFR:

The ANZ expects housing starts to peak at 215,000 in the year to December and ease back to a still elevated 200,000 by end of 2016.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.