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Economy Australia in 2015

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Australian economy is heading in the right direction. Source: AAP

Australia's economy slowed in 2015, so much so that official interest rates were cut twice during the year. While much of the world followed a similar path, the United States finally lifted rates, and that will be a key driver of the global economy in the New Year.


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Australia's economy slowed in 2015, so much so that official interest rates were cut twice during the year. While much of the world followed a similar path, the United States finally lifted rates, and that will be a key driver of the global economy in the New Year.


And with interest rates expected to at least remain on hold, that will support the sharemarket in 2016.

 

 


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