The Australian economy is on the threshold of a major cyclical upswing, says leading economic forecaster, BIS Shrapnel. Growth will pick up speed over the next two years and build into a boom later this decade, driven by rolling investment cycles. BIS Shrapnels Long Term Forecasts, February 2010 Update reports the economy currently has enough spare capacity and slack in the labour markets to cater for the initial phase of the upswing without exciting either demand or cost-side pressures. However, the forecaster warns problems will occur in three-to-four years time when all the major construction cycles synchronise and inflationary pressures re-emerge, leading to higher interest rates.
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Respect Aged Care CEO Jason Binder appointed to Ageing Australia board
The leader of the Not For Profit aged care turnaround specialists will replace Stephen Muggleton, who retired as Group CEO of Bolton Clarke on 30 June 2025. Jason’s appointment as a Multi-State Director took effect on 1 July, with his term set to...