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Wednesday, May 12, 2021

Australian Economy - Reviving

The economy is ‘roaring back to life’ - key indicators below: 

The budget bottom line is $133 billion, which $30 billion better than forecasts in December, due largely to surging income taxes off the back of jobs growth, as well as increased superannuation and company taxes. The former reflects a rebounding share market, the latter a business recovery led by retail. 

More details here - https://lnkd.in/gSCQqfG

 




































Iron Ore demand by China is cushioning the debt.

 






















Recovery in Employment