The Conversation

Credibility trumps optimism when it comes to growth forecasts

21-05-2015 Author: The Conversation

The government will need to communicate clearly any changes to its optimistic economic forecasts.AP/Lukas Coch

One of the most intriguing aspects of the budget announced last week by Treasurer Joe Hockey is the set of macroeconomic forecasts it is based on. Cherry-picking from the Budget papers, non-mining investment is predicted to more than...

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