We're in a per capita recession as Chalmers says GDP 'steady in the face of pressure'
- Written by: Isaac Gross, Lecturer in Economics, Monash University
Australia’s economy grew a mere 0.4% in the June quarter according to figures released by the Bureau of Statistics today, a performance Treasurer Jim Chalmers describes as “steady in the face of unrelenting pressure”.
The lacklustre growth follows growth of 0.4% the previous quarter, and is a step down from the growth of 0.7% in...
Read more: We're in a per capita recession as Chalmers says GDP 'steady in the face of pressure'