“What were the key preconditions for such a result?”, is the question we often receive both from your colleagues and international financial institutions and the professional public.
Graph 8  Investment and Consumption Chain volume, December quarter 2019 = 100  index  Non-mining business investment  Consumption  105  index 105  Feb 2020 forecast 100  100  95  95  90  90  85  85  M J S DM J S DM J S D M J S DM J S DM J S D 2018 2019 2020 2018 2019 2020 Sources: ABS; RBA  The rebound in consumption has been strong, with growth of 12 per cent over the second half of last year.