Australia's Chalmers: Global soft landing not assured

Treasurer of Australia Jom Edward Chalmers hit newswires early Thursday, noting that the assumed baseline of a global soft landing isn't a guarantee.

Key highlights

• Austalia's Q4 GDP data likely to be quite weak.
• Global soft landing is assumed to be the default case.
• Soft landing scenario isn't assured, risks still remain.
• Local economic figures in Australia run the same risk.