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Susan Wareham
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Economic Survey 2009

Sat, 03 Jan, 2009

News Photo - Economic Survey 2009

Respondents to The Age's half-yearly economic survey warn that in 2009 Australia looks troubled: a global recession is on the cards, a quarter of a million more Australians will be in job queues, and plummeting commodity prices will sap export income.

Meanwhile, the federal budget will plunge into deficit, sharemarkets will flatline — until midyear, at least — and the Australian dollar will stay out of favour with global investors.

Despite all this Australia will fare better than the US, Britain and Europe.

For more visit The Age.

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