Realistically, in terms of any significant quantity we are probably looking at some time past 2010.
It is the best monetary policy regime we have experienced and the best one available.
With strong investment growth and an expected improvement in exports, our forecast for the economy overall is that annual GDP growth will pick up modestly during 2006 to about 3.25 pct.
Australia is already fully committed in terms of uranium production through until about 2008, bearing in mind that the signing of this agreement means that this is really only the start of the process.
It is quite possible that the rise in household debt ratios could go a good distance further. The risk, of course, is that the process goes too far and that a painful correction ensues.
The world economy is growing at an above average pace for the fourth successive year and, significantly, forecasts have been revised upwards.
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