Business News

Support package gains shape as GDP turning point swamped

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

The good news is our economy was performing better than had been thought in the lead-up to the bushfires and coronavirus.

Updated figures in Wednesday’s national accounts show the economy grew 0.6% in the three months to September, rather than the 0.4% previously reported, and a healthier-than-expected 0.5% in the three months to December.

Com...

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