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Economics

Where in the cycle is Australia?

BY BENJAMIN ONG | FRIDAY, 17 NOV 2017 11:05AM

Without a pick-up in consumer spending, overall economic growth would remain stuck in the slow lane at best. Worse, unlike the saying "a penny saved is a penny earned", a consumers' penny not spent is a business penny not earnt.

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Read more: Australia, wages, business conditions, NAB, consumer sentiment, CPI, employment

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