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Andrew Baxter on the Australian Economic Outlook: Soft Landing or Recession Ahead? Sydney
- Location: Sydney, Sydney, Australia
As Australia navigates a challenging economic environment in 2025, Andrew Baxter weighs in on the nation’s financial trajectory. With GDP growth hovering around 2%, inflation stabilizing, and unemployment at historically low levels, the outlook appears mixed. Baxter points to rising wages and potential interest rate cuts as short-term positives but warns of deeper issues—stagnant productivity, high energy costs, and fragile consumer confidence. The balancing act between government policy, trade relations, and private sector investment will be key. While a soft landing remains within reach, Baxter cautions that without bold reforms, the risk of recession still lingers.
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