Well here’s the good news. The Australian economy has gone for 17 years without a recession. That’s a pretty impressive growth spurt. But if the economy were a teenager, you’d wonder how much growth was left. The economy is not a teenager, of course. Australia’s $1 trillion economy is much more complicated than the mind of a 17-year old, probably. But for the record, growth in the second quarter was just 0.3%.
September 4th, 2008 | Dan Denning | 1 comment | Continued
