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Ryan Bridge: The growth forecast in Budget 2025 at least gives us hope
Good morning and guess what? Things are looking up. The future's looking pretty good.
Not from budget announcements themselves, necessarily, but the Treasury forecasts.
We'll hit just shy of 3% growth next year. It'll average 2.9% across the next four years. Unemployment gets back below 5%. Inflation is beaten at 2%. Wages grow faster than costs at 2.7%.
These are the best forecasts we have, and they show that even if the global outlook gets worse, we'll still grow by a whisker shy of 3% next year.
We've been talking about them all year but thank the Lord for our primary sector exports…
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