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Australia: Setting The Economic Course For 2024

Sean Langcake, Head of Macroeconomic Forecasting, Oxford Economics

08-Feb-24 07:30

Australia: Setting The Economic Course For 2024

The Reserve Bank of Australia recently kept its cash rate target at 4.35% at its first meeting of 2024, as inflation appears to be under control. Canberra also plans to introduce a taxation schedule designed to be more progressive and bring better economic growth down under. Sean Langcake, Head of Macroeconomic Forecasting at Oxford Economics shares his outlook for the Australian economy for the rest of this year.

Image credit: Shutterstock.com

Produced by: Shee Yi Rong

Presented by: Wong Shou Ning, Keith Kam


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Categories:  economyinternational

Tags:  australia economy 2024inflation cpi moderationreserve bank of australia





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