'Golden age' of Australian economy fades as dark clouds loom https://ift.tt/2JiI3Jx - Walletnews For Me

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Saturday, June 29, 2019

'Golden age' of Australian economy fades as dark clouds loom https://ift.tt/2JiI3Jx

Once dubbed the "Goldilocks economy" for avoiding the pitfalls of the global financial crisis, Australia has seen 27 years of uninterrupted expansion - unprecedented in the developed world. But the outlook appears increasingly bearish, and resilient Australia's faltering growth could be the canary in the coal mine for the world economy.
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