Economics
Australia’s Bright Recovery Masks Clouded Horizon, Gregory Says
- Veteran economist worries at being locked out of China growth
- Inflation is also a looming threat, particularly from the U.S.
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Australia’s powerful economic recovery is the center of attention for policy makers in a pandemic environment that demands focus on the short-term, but it overshadows darkening clouds on the horizon, says Bob Gregory, a veteran economist who once sat on the Reserve Bank’s board.