Sky News Political Editor David Speers says new data revealing the economy grew by just 0.2 per cent over the December quarter, will serve to ‘sharpen up debate’. A downturn in the housing market, and severe drought are being blamed for the national economy ‘nearly grinding to a halt’. After the figures were released on Wednesday, Labor blamed the Coalition for what it is calling a 'per capita recession'. Treasurer Josh Frydenberg has dismissed talk of a recessio, and Mr Speers has agreed, saying, ‘we need to be careful about what we say here’ as the figures ‘don’t technically mean we’re in a recession'.
from National | Daily Telegraph https://ift.tt/2EPEE3X
Wednesday, March 6, 2019
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