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Cameron Bagrie: Independent Economist on Westpac's GDP forecasts

Cameron Bagrie: Independent Economist on Westpac's GDP forecasts

Published 1 month, 1 week ago
Description

The overall economy seems to be holding together as it slowly gets back on track. 

Westpac's August overview forecasts 2% growth across this year – accelerating to 3% in 2027.  

It points to an uptick in activity after falling flat in the three months to June.   

Independent economist Cameron Bagrie told Ryan Bridge the war in Iran has played into a lot of uncertainty in recent months, but the economy's bounced back well. 

He says import and export numbers have been phenomenal, and a lot of that's coming from regional growth. 

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