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Australia: Political uncertainty, economic dynamism

- "The general elections held on Saturday 21 August have resulted in a hung parliament for the first time in seven decades."
- "In the coming weeks, both Labour and the Liberal-National coalition will try to woo the independent members of parliament. If both parties fail to form a stable government, new elections are likely to be held."
- "The economic prospects of the country look good. We expect the economy to grow by over 3% in the coming years, mainly due to the dynamism of the Asian emerging economies."

BNPParibas_Ecoweek_20100827

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