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Population growth masking per-capita recession | ABC NEWS
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Chief Business Correspondent Ian Verrender says when you strip back population growth, Australia's GDP has gone backwards six quarters in a row.
He says the per capita GDP numbers are a more accurate reflection of the economy on a household level.
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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He says the per capita GDP numbers are a more accurate reflection of the economy on a household level.
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia #ABCBusiness
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