date:Mar 07, 2013
y to around 4.0 per cent a year toward 2018.
In Australia, economic activity is assumed to increase by 2.8 per cent in 2013-14, after an assumed rise of three per cent in 2012-13. Toward 2017-18, Australian economic growth is assumed to average around three per cent a year.
The Australian dollar is assumed to average around US$1.04 in 2013-14, compared with an assumed average of US$1.03 in 2012-13. Over the medium term, the value of the Australian exchange rate is assumed to remain high, depr