Australia’s record breaking continuous economic expansion has entered its 29th year with the Q3 2019 GDP report. That is a significant and positive achievement. Over recent years, however, the achievement has started to tarnish. Real annual GDP growth has run below 3% long-term average, most recently 1.6% y-o-y in Q2 2019 and 1.7% in Q3. … Continue reading A tottery balancing act
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A tottery balancing act
Australia’s record breaking continuous economic expansion has entered its 29th year with the Q3 2019 GDP report. That is a significant and positive achievement. Over recent years, however, the achievement has started to tarnish. Real annual GDP growth has run below 3% long-term average, most recently 1.6% y-o-y in Q2 2019 and 1.7% in Q3. … Continue reading A tottery balancing act