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The outlook for the Australian economy is favourable

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Source: AAP

Reserve Bank governor Philip Lowe says the outlook for the Australian economy is favourable, with expectations of good growth and a declining unemployment rate. He expects interest rates to eventually rise, but says there are signs wages could go up, too.


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By Vivienne Buttigieg, Greg Dyett

Source: SBS



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Reserve Bank governor Philip Lowe says the outlook for the Australian economy is favourable, with expectations of good growth and a declining unemployment rate. He expects interest rates to eventually rise, but says there are signs wages could go up, too.



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