ANZ PROPERTY FOCUS REPORT: STOCKING HALF FULL

PHOTO: ANZ.

Some clear headwinds are being navigated right now that have increased the odds of a
growth wobble, leaving the economy somewhat delicately placed. However, we are not
ready to call time on the cycle just yet.

The drivers of growth are shifting, and such
transitions are often not smooth, but there are still enough positive forces that we
expect to see growth return to broadly around trend over the next couple of years (but
probably not much more).

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