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Rate hikes coming next year?

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Australian Broker | 22 Dec 2015, 09:14 AM Agree 0
Australia is "third in line" for interest rate hikes, analysts have claimed
  • MCC | 22 Dec 2015, 10:46 AM Agree 0
    Yes well we might just wait & see because regardless of US rate rises I'd like to see some strong realistic & truthful reporting on ''underemployment'' in Australia & where the determined growth drivers for the Oz economy will be in 2016? If we still reside in a ''consumption'' driven economy (it represents 50% of GDP in round terms), without strong & stable income generating employment then we better look for another way to expand an economy rather than off the back of consumption. Without expansion I cannot see inflation being a major impact & without that,are we really going to see even the hint of a bias towards rate rises? Just putting it out there!
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