Why has Australia’s economic growth been so low?
The state of the economy has a significant impact on the share market. When the economy is growing, companies have the capacity to increase profitability. This is because consumers have more disposable income and therefore more money to spend on goods and services. However, we have been seeing low interest rates and low economic growth in Australia for some time now. So what are the reasons for the Australia’s economic growth being below trend? 1.End of the mining boom One …