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There seems to be a lot of doom and gloom hanging over markets right now, but structurally bullish cases do exist. Australia is one of them. Sure, Australia's economy has slowed, but sluggish growth is currently a global issue. Against a fairly pessimistic backdrop, what makes Australia stand out are the following structural factors:
Imminent tax cuts
Twin surpluses
Real effective exchange rate ((REER)) of the Australian dollar
Macroprudential policies
The recently reelected government is expected to pursue a pro-growth agenda; therefore, we expect different sources of stimulus to support the