Vital Signs: Australia's sudden ultra-low economic growth ought not to have come as surprise
- Written by Richard Holden, Professor of Economics, UNSW
Both Australia's trend and seasonally adjusted GDP per capita growth rates have dipped below zero.Shutterstock
Australia’s big little economic lie was laid bare on Wednesday.
National accounts figures show that the Australian economy grew by just 0.2% in the last quarter of 2018. This disappointing result was below market expectations and...