Business News

Prepare to hear about an ‘official recession’. Unofficially, we’ve been in one for some time

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Australians are set to find out if we are on the edge of a so-called “official” recession.

Due out mid-Wednesday, the national accounts will either show spending, incomes and production continued to grow in the three months to December, or show they fell.

If they fell, it would be the first of the two strikes needed for what some people...

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