Business News

no lift in wage growth, no lift in economic growth and no progress on unemployment in year of low expectations

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Wes Mountain/The Conversation, CC BY-ND

2020 is shaping up as a dismal year for the economy, with no progress on many of the key measures that matter for Australians.

Unemployment will stay above 5% and probably rise rather than fall.

Economic growth will continue to have a “1” in front of it, instead of the “2” or...

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