THE economic outlook, with interest rates rising amid global uncertainty led by the Russian invasion of Ukraine and soaring energy costs, looks bleaker than at any time since the onset of the COVID pandemic sent markets into a tailspin from which they soon recovered, thanks in part to massive licks of government money the world over.
Yet thanks to a confluence of events - including record prices for Australian commodities - the nation as a whole is doing well, with Treasurer Jim Chalmers this week welcoming a predicted $114 billion boost in budget revenue over the next four years.
