CCI, Buswell reject recession forecast

A PROMINENT WA economist and Treasurer Troy Buswell have both said the state is unlikely to dip into recession in 2011, as projected by economic forecaster Access Economics. In its business outlook report released today, Access Economics has forecast the state to be in the trough of a coming recession by mid-2011, with unemployment to almost double to 5.8 per cent and growth to be -0.9 per cent in the same period.

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