You know an election is coming up when Labor-leaning economist Stephen Koukoulas (the ‘Kouk’) writes a propaganda piece in the Labor-leaning Independent Australia, claiming, “The miraculous Australian economy is the envy of the world”.
Kouk claims, “The economy is kicking off 2025 in a fabulous spot structurally, even though the cyclical impact of high interest rates is seeing a temporary period of sub-trend economic growth”.
“A stocktake on the key economic indicators paints a picture for the Australian economy where any economic pick-up in 2025 and 2026 will be coming from an excellent starting point”.
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