Business Outlook for Australia in 2013 and 2014

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The rapid pumping of cheap money by central banks has helped share-markets more than it has economies. Yet the latter are looking better too – partly as the ‘crazies’ have been kept away from the steering-wheel in the US, partly as the ‘crazies’ have grabbed the steering-wheel in Japan, and partly as China’s leadership is spending on infrastructure (which we …