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Running Time: 6:46 Date: 01/10/2014 What's the state of the economy one year into the Abbott Coalition government? Professor Neville Norman's assessment of the economy provides a mixed bag of results this month. On the positive side, growth is back on track at 3.2% and housing approvals are up by 6%. On the other hand, unemployment has risen above 6% and car sales are down 1%. On balance, the fundamentals have changed little in the last 12 months. |
Professor Neville Norman, Melbourne University |