Budget Paper No. 1: Budget Strategy and Outlook 2018-19 ...

Outlook for real GDP growth. The fundamentals of the Australian economy remain sound. Real GDP is forecast to grow at around its estimated potential rate of 2¾ per cent in 2019 20 and 2020 21 (Chart 1). Household consumption, business investment, public final demand and exports are all expected to contribute to growth. ................
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