The Australian Economy in 2015-16: Uncertainties and Challenges

The article discusses the uncertainties and challenges of the economic condition of Australia in 2015-2016. It outlines the important economic trends in 2014-2015 that are remnants of the 2013-2014 including the sluggish growth of the domestic final demand. Also emphasized are impact of China's economy on the uncertain macroeconomic outlook and the anticipation that subdued wage growth, increased unemployment rate and weak growth on domestic demand will likely to persist