Oz: economic cycle (1 Viewer)

[fringey]

Does any1 know what part of the economic cycle oz is in now?

 

[Newbie]

we're going pretty good right now

 

[fusion]

Well we're going strong, inflation is at 3.2%, unemployment 6% and in comparison to the rest of the world we're going pretty good. I dunno if we could say an unswing but we're progressing upways and the future seems bright though this may be a cyclical things.

Will.

 

[truly-in-bliss]

upswing

 

[gnrlies]

we are probably on the peak of a boom, but it seems to be a sustained boom with no downswing imminent. Usually 10 year cycles, so hypothetically we should be expecting downturn soon (last recession was early 90's)