Australia's business sentiment is buoyant and employment growth is the best since before the GFC. Population growth is strong. The federal government is bullish. Both private and public economic forecasters are optimistic. What could go wrong? The paradox is that major drivers of the economy are very weak. This report reviews the conflicting evidence and discusses the risks and opportunities for Australia in 2018.
The report contains analysis of population growth, economic trends, business sentiment, consumer sentiment, household finances, and the outlook for consumer spending.