Imports UP = Good

Adam Carr from Business Spectator has been keen to cut through the mainstream perceptions on our economy and in this article he clarifies some basic truth. We have been suffering a similar malaise to the US with the impact of high import figures on overall GDP. “Prospects are, needless to say in my opinion, fantastic and you only need to look over at the acceleration in US growth to see why some of the pessimism here is probably unwarranted.” We look forward to this weeks RBA releases to support the theory of optimism. More.

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