Articles on GDP

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Prime Minister, Malcolm Turnbull and Treasurer Scott Morrison should be pleased with the strong GDP figure, released during the election campaign. Lukas Coch/AAP

Strong GDP growth figures show economy on track

The adverse impact of the resources bust is still there, but the figures suggest the economy tracking at or above its potential.
Jumping to conclusions. Does GDP mislead us? Antoine Gady/Flickr

The science of happiness can trump GDP as a guide for policy

Our feelings of self-worth and contentment are no longer the preserve of writers and artists. Science has made measurement of our well-being a viable alternative to the banalities of economic output.
South Africans take their cue from what Finance Minister Pravin Gordhan says about the country’s economic outlook. Reuters/Mike Hutchings

Economic forecasting: why it matters and why it’s so often wrong

Forecasts are crucial for all economic and business activity. But looking into the future involves uncertainty and risk. Forecasts may be inaccurate, which creates a serious dilemma for policy makers
Current conditions make for a wild ride for investors. Scott Ableman/Flickr

Vital Signs: expect more turmoil

Low inflation gives the RBA scope to cut rates in coming months but a lot will turn on whether we continue to see persistently weak GDP growth.
Recessions affect us all. Unemployed line via www.shutterstock.com

How do we know if we’re in a global recession?

Stock markets have been falling all year on concern the world risks slipping into a recession, which begs the question: how would we know if we were in one?

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