Leigh Gant on Nostr: BREAKING: Australian private sector Miss on GDP, just 0.3% in the Sept quarter, ...
BREAKING: Australian private sector
Miss on GDP, just 0.3% in the Sept quarter, annual growth falls to just 0.8%
Private demand has now been flat for six months. Only thing keeping the economy afloat is public spending.
https://www.afr.com/policy/economy/growth-unexpectedly-slumps-to-0-8pc-despite-government-spending-surge-20241204-p5kvnn
Miss on GDP, just 0.3% in the Sept quarter, annual growth falls to just 0.8%
Private demand has now been flat for six months. Only thing keeping the economy afloat is public spending.
https://www.afr.com/policy/economy/growth-unexpectedly-slumps-to-0-8pc-despite-government-spending-surge-20241204-p5kvnn