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.

สภานการณ์ราคาบ้านที่ร่วงหล่น ทำให้กิจการอสังหาริมทรัพย์ไม่สดใสเท่าที่ควร Source: AAP

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.