If rural exports lift as expected in coming quarters and support expanded export capacity in the mining sector, the much fabled improvement in Australia's trade accounts will be a step closer.
More Quotes from Craig James:
If it were to extend these sort of gains for the year, it would have 40 growth. Gains of that sort of magnitude just aren't sustainable.Craig James
There is only so long business can absorb higher production costs. Something has got to give and what's most likely to give is prices.
Craig James
Most interest will be in the price indicators contained in both the GDP and personal income releases.
Craig James
Given the global outperformance of the Australian share market, some investors are questioning the possibility of further gains.
Craig James
Consumer spending has been choppy over the past year in response to volatile petrol prices and a soft housing market. We believe that a recovery in consumer spending is now starting to take hold.
Craig James
Corporate Australia is firmly behind the wheel of the Australian economy, while consumers have taken on the role of passengers in the current environment.
Craig James
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Because its hard to realize now that that was the end of the great depression, you know. All of a sudden all of this is in front of me and I'm solvent, you know. I'm making some money and I know where my next meal is coming from, and I have a new pair of shoes and that's it.
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