Australia Freight Transport and Shipping Q4 2018
The overall fundamentals of the Australian economy remain steady. We believe headline macroeconomic growth and asteady uptick in trade activity will support positive growth across all freight modes in 2018 and over the five years to 2022. We notethat Australia is looking to strengthen its bilateral trading relationships with partners such as the UK, Indonesia and Peru as well asthe European Union – developments that will bolster freight mode outlook over the medium to long-term. Nevertheless, downsiderisks include an economic slowdown in key trade partner, China, and a softening of the housing market.
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