Published: June 14, 2019
No one knows what will happen to the economy in three to five years. We need to own up to that fact and act accordingly
With wages and consumer spending stagnant and GDP growth at its lowest since the global financial crisis, a big concern for all of us is the weakness in the economy and how to drive growth in incomes and economic opportunities.
The Reserve Bank shares our concern, having just cut interest rates for the first time in three years. The hope is that the rate cut will ease pressures on people with large mortgages and they may open their wallets and spend a little further.
Continue reading...from The Guardian http://bit.ly/2ZnCn7C
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