In trend terms Australia’s economy grew only 0.6% in the September quarter – same as in June and March – but rob away exports and it did not grow at allThe latest Australian GDP figures were cause for celebration. An astonishing 0.9% growth in the September quarter is well above the long-term average. But the good news also shows how erratic economic growth in this novel economy can be, when it is driven by exports. Continue reading...
Source: theguardian.com