Home Business news Australia’s economy 2023 report: how it started v how it’s going

Australia’s economy 2023 report: how it started v how it’s going

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Stronger than expected population growth made inflation hardier than most experts predicted and property prices defied successive rate rises

Treasurer Jim Chalmers will release the Albanese government’s mid-year economic and fiscal outlook next week.

Here’s how the economy has fared compared with forecasts made at the start of 2023, and some of the biggest surprises over the past year.

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Continue reading…Stronger than expected population growth made inflation hardier than most experts predicted and property prices defied successive rate risesGet our morning and afternoon news emails, free app or daily news podcastTreasurer Jim Chalmers will release the Albanese government’s mid-year economic and fiscal outlook next week.Here’s how the economy has fared compared with forecasts made at the start of 2023, and some of the biggest surprises over the past year.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…