A free ride from the economy to lift your profit isn’t on the horizon

According to a recent study by the World Bank the global economy grew by an estimated 3 per cent last year and projections are for continued growth to be no more than that level for the next decade. “Growth in potential output (full-employment output) is flagging, languishing below its longer-term and pre-crisis (GFC) average both globally and among emerging market and developing economies,” the report said. This tallies with the average growth rate of the Australian economy post 200

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