News: News and Highlights
In their latest Economic Briefing Report University of Adelaide economists from SACES are predicting that South Australia’s economic performance will continue to be affected by slowdowns round the country and overseas, as well as weakening employment growth and household spending.
In this excerpt, taken from the Centre’s upcoming June Economic Briefing Report, we briefly review recent sectoral trends in employment for the manufacturing industry
The South Australian Government has made a “promising” start to the micro-economic reform that will underpin economic growth, according to Steven Joyce, the author of a major report on the State’s public sector institutions and functions.
The SA Centre for Economic Studies (SACES) will further strengthen its contribution to public policy development in South Australia with the establishment of the Independent Research Fund (IRF).
The Australian economy will remain healthy for long enough to enable the government to claim it as a strength in the lead-up to the May election, but the first Conversation Economic Survey points to a fairly flat outlook beyond that, with a 25% chance of a recession in the next two years.