Australia's Economy: Signs of Steady Growth Ahead

Australia's economy is showing promising signs of recovery! Business conditions surged in August with improved profits and hiring, while input costs slowed to their lowest since 2021. After a strong June quarter fueled by consumer spending, struggling sectors are now gaining momentum, forward orders are up, and key price indicators are easing, suggesting a path to steadier growth and controlled inflation. Hosted on Acast. See acast.com/privacy for more information.