The OECD has released its latest outlook and, as with recent reports by the International Monetary Fund, Reserve Bank of Australia and the October budget, Australia is predicted to tread a very fine line over the next few years.
First the good news: the Organisation for Economic Co-operation and Development expects next year that Australia’s economy will grow as well as any of the major economies. The projected 1.9% growth is better than Japan, Canada, France, the United States and Italy, and unlike Germany and the UK we are not projected to go backwards:
