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Paul Bloxham -- Chief Economist for HSBC Australia & New Zealand, discusses trends for the Australian Economy into 2013.
• Australian economic outlook: early signs of re-balancing taking place as historically low interest rates are gaining traction, boosting consumer sentiment and the housing sector.
• Outlook for the non-mining sectors: capital city house prices are lifting, the housing construction upturn is picking up pace and the consumer is reviving. Why the next move for RBA rates is likely to be up, not down.
• Why we expect Asian growth to remain robust in 2013: Japan injecting liquidity in the region and Chinese economic growth continuing to pick up, led by infrastructure investment.