Deloitte describes the Botox Boom

Tuesday, 31 October 2017

Via Deloitte:

Investment Monitor: Investment outlook strengthens 31 October 2017: The outlook for business investment in Australia is healthier than it’s been for some time, according to the latest edition of Deloitte Access Economics latest Investment Monitor. Key points include

• The overhang of engineering work that commenced construction during the mining boom has finally passed • Businesses have spent years improving their balance sheets. So although it is true that Australian household debt remains a concern, the opposite is true of many businesses operating in Australia

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.