Is the australian economy headed for reccession in 2007 ?

Answer 1

If I knew with complete certainty the direction of the Australian economy I would not be here. I would be driving a convertable with a pneumatic blonde.

Saying that I doubt the economy will keep booming, but it is slightly less likely it would go into recession.

The most significant issues to look for are demand for commodities and drought. If Debnem gets in and deregulates the NSW economy there might be some gains too.

Answer 2

yes