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Aug 31, 2004

Lucky stars

Looking ahead to the Aira conference in association with IR magazine

Australia’s economy is in its thirteenth year of expansion, and while 13 is unlucky for some, the economic environment of this so-called lucky country looks like it will continue to thrive. While the Economist Intelligence Unit this summer revised its forecast for the country’s 2004 GDP growth from 4 percent to 3.7 percent and predicts GDP growth of 3.4 percent in 2005, the country still has an aura of prosperity surrounding it. A low unemployment rate and low inflation coupled

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