Latest national accounts data confirms ‘anaemic growth’ in Australia’s economy

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The latest national accounts data confirms that there’s been “anaemic growth” in the Australian economy, according to DPG Advisory Solutions Founder and Director David Gazard.

The latest national accounts data for the September quarter reveals a 0.3 per cent GDP growth, according to the Australian Bureau of Statistics.

The national accounts figures also showed an annual GDP growth of 0.8 per cent.

“At the same time, we’ve still got inflationary pressures that are high, and the Opposition has started to seize on the fact that the government is actually working against itself with these numbers,” Mr Gazard told Sky News Australia.
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Strangled by bureaucracy and low productivity.

VKAB-
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Why is it that we keep pushing only 2 political parties in Australia? Liberals and labour must go because they are both the same time for a change in Australia imo, one nation gets my vote this time round least they care about Australia and Australian people

RASE
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Eamonn Fitzpatrick is a policy spokesperson for the ALP. No substance, just blaming the current state of the economy on the previous government (really ??). The roots of Australia’s economic issues are two crazy policies: (1) Energy policy which will drive the cost of energy higher, and (2) massive immigration which drives up the cost of housing.

anomadhunter
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Ask Eammon to put the renewables buildout cost and the nuclear option side by side (with real numbers) and see how crazy the current ALP policy is

anomadhunter
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Nominal GDP per capita is what matters.

alvanrigby
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You wouldn’t want Fitzpatrick and co to have anything to do with your money if this bloke believes that 😂

tearsinthesun
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Aint seen jakkk yet . My my my. Wait till they bann cash ?? We will be wearing cricket helmets going shoping ?? Thats how bad its going to be .

revalationrevaltion
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Growth...🎉
Imagine having a trillion dollar mortgage to repay while supporting 25, 000, 000 australians...😳


😆😆😆....

LuciferBlack-jk