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The Times

Australians still feeling pain in the hip-pocket but there are positive signs of growth ahead

  • Written by Stephen Bartos, Professor of Economics, University of Canberra
Australians still feeling pain in the hip-pocket but there are positive signs of growth aheadPintira18/Shutterstock

Australia’s economic growth remains in the slow lane, at only 0.3% for the September quarter, keeping Australia close to recession territory.

However, the national accounts data released on Wednesday by the Australian Bureau of Statistics (ABS) puts growth slightly higher than the snailish 0.2% recorded the previous...

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