Australia’s economy might be just where Philip Lowe wants it – barring any nasty surprise – as he hands over to Michele Bullock
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As two of Australia’s more contentious figures Philip Lowe and Alan Joyce head towards their gilded departure lounges, the economy seems set in a holding pattern with improving prospects of a desired soft landing.
To be sure, a happy outcome of a jobless rate remaining within cooee of 4%, wages finally catching if not outpacing inflation, and even the federal budget staying in the black a bit longer is far from assured.
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