Via Business Insider today:
The French global investment bank says it expects Australian economic growth “to run at an above-potential rate for the next couple of years”, with a strong pipeline of residential housing activity a key driver of the growth.
Klaus Baader, Asia-Pacific chief economist for Soc Gen and an experienced Australia forecaster, has also described the management of economic transition following the mining boom as “close to perfect”, in a big tick of approval for the RBA and, to some extent, governments which allowed deficits to run up to cushion the blow as resources activity eased off.
