The Australian Treasury Secretary, Steven Kennedy, has made optimistic comments on the economic recovery while giving a briefing on Tuesday.
Key Comments:
“Australia’s economic recovery is stronger than in many other countries“.
“The price of iron ore is an uncertainty key to the outlook for the Australian economy. “
Meanwhile, it is likely that the shadow treasurer, Jim Chalmers, head to an event organized by the social welfare group ACOSS.
He is expected to say, “for two million Australians who cannot find a job or sufficient work, or those trapped in long-term unemployment in 20-year highs, it still feels like a recession“.
“The budget was a missed opportunity to strengthen the economy and make it more inclusive after the COVID-19 pandemic“, You can add.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
