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Commodities won’t save Australia from recession

Posted on 12 February 2016

The chief executive of the Australian Securities Exchange is warning that Australia needs to confront structural economic reforms to make a successful transition from the once-in-a-century mining boom.
Elmer Funke Kupper said that, with the mining boom over, Australia will no longer be “saved by nature” and that even with 23 years of unbroken economic growth, no-one should be complacent. Funke Kupper is not forecasting a recession but he told the ABC’s AM program that reforms are critical for Australia to remain competitive in the post-boom world………………………………………..Full Article: Source


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