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The Times

7 graphs that show economic growth near zero as Australia waits for a budget boost

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

The Australian economy came close to a standstill in the first three months of this year. March-quarter economic growth sank to just 0.1%, meaning that, when adjusted for inflation, there was hardly any more income, spending or production than the quarter before.

Treasurer Jim Chalmers said the figures “laid bare” the weakness of the...

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