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Wednesday's GDP numbers are impressive, but they are for the December quarter, when we were bouncing back from Delta

  • Written by: John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society and NATSEM, University of Canberra

Australia’s economy bounced back a welcome 3.4% in the December quarter of 2021, more than reversing the 1.9% lockdown-related decline in the September quarter. It was the sixth-biggest increase in the 60 years the figures have been compiled.

Australian quarterly gross domestic product

Wednesday's GDP numbers are impressive, but they are for the December quarter, when we were bouncing back from DeltaChain volume measures, seasonally adjusted.ABS National...

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