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Below-average growth tipped to continue

The nation's economy will continue growing more slowly than its historical average for the remainder of the year, a leading economic forecaster believes.

สถานการณ์ราคาบ้านที่ร่วมหล่นทำให้ภาคส่วนอสังหาฯ ไม่สดใส
สภานการณ์ราคาบ้านที่ร่วงหล่น ทำให้กิจการอสังหาริมทรัพย์ไม่สดใสเท่าที่ควร Source: AAP

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Presented by Tinrawat Banyat

Source: AAP



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Australia's economic growth is expected to remain below average for the remainder of this year and into 2020 amid falling house prices and a slowing global economy.

Leading forecaster Deloitte Access Economics has made the prediction in its latest Business Outlook.

The weaker growth will mean slower jobs gains and could hold up a long-awaited improvement in wage increases, Deloitte believes.

You can read the full version of this article in English on SBS News website here.


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