Lower than anticipated unemployment and a smaller federal deficit forecast for 2010

By Jill Fraser for Lending Central Morgan Stanley economist and strategist, Gerard Minack and Fariborz Moshirian, professor of Finance at the University of New South Wales’ School of Banking and Finance agree that thanks to Government stimulus packages in Oz and China we have come to the end of ‘the recession that never was’. Professor Fariborz Moshirian