After a strong year for Australia, growth will slow

Growth was higher than expected in the 2022/23 fiscal year but it will be difficult to maintain this momentum next year

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In this article

  • Higher investment
  • Lower business costs
  • Strong labour market
  • More difficult year ahead
  • Domestic pressures
  • International risks
  • Economic competitiveness falling
  • Deficient infrastructure
  • Unsupportive policies
  • Weak entrepreneurship
  • Government facing voter backlash
  • Opposition regroups

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.