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Australia has 28 years of uninterrupted growth. But can the good times last? Chief Economist of CommSec, Craig James, will be discussing this hot topic at the 2020 Australian Pharmacy Professional Conference (APP2020) on the Gold Coast in March.
Mr James will assess the economic evidence, examining what it means for interest rates, shares and the dollar, and ultimately what it means for Australian businesses and families.
'Over 2019, consumer confidence was hard hit. While the so-called economic 'fundamentals' like interest rates and the job market are good, it will be important for businesses to help rebuild consumer confidence if they want to secure their custom,” Mr James said.
“Consumers can buy goods whenever they want and wherever they are. So businesses will have to fight for consumer attention in today's globalised business environment.”
As Chief Economist at CommSec, Mr James interprets ‘big picture’ economic and financial trends for customers, clients and staff. Encouragingly for the pharmacy industry and for the wider population, his outlook for 2020 is positive.
“We share the Reserve Bank's optimism. While there are still plenty of challenges, we expect economic growth to lift over the year.'
Mr James will bring 38 years’ experience in finance, banking and journalism to his APP2020 session titled ‘
Can Australia’s record expansion continue?’. The session will be held on Saturday 21 March at 8.30am.
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