Short-term prospects for economic growth slowed, the economy probably continued to decline in the first quarter of this year. The risks of inflation are very low, falling employment and business activity limits the rise in prices. The reaction of the economy in the implementation of incentive packages have not yet ended, the positive impact of the activities carried out are expected in the future. Despite the fall in employment and worsening labor market prospects, the level of consumption remains at a satisfactory level. The credit market remains in the strength that reinforces the negative fall in global demand for Australia's business sector. Expected deterioration of conditions in the housing sector and the continued decline in output. Economic incentives to support not only the national economy, but also the state of the international financial system in the Asian region. While the world markets a significant improvement in confidence.
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