Articles on GDP

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Treasurer Frydenberg says he is not worried that we are saving rather than spending our budget tax cuts. His goal was merely to “put more money in pockets”. Lukas Coch/AAP

GDP update: spending dips and saving soars as we stash rather than spend our tax cuts

Spending growth has fallen to financial crisis lows. Per person, economic growth and spending has gone backwards. Josh Frydenberg isn't ruling out action in the pre-Christmas budget update.
Australia could achieve higher economic growth through more population growth and lower taxes, but at the expense of equality, fairness and the environment. www.shutterstock.com

We modelled 4 scenarios for Australia’s future. Economic growth alone can’t deliver the goods

A fairer, greener and more prosperous Australia is possible – so long as political leaders don't focus just on economic growth.
The time has come to accept that energy corridors and fossil fuel exports will be a declining feature of Canada’s economic future. THE CANADIAN PRESS/Jeff McIntosh

The economic illusions of the Canadian election

In the aftermath of the election, what is striking about many of the policy positions of Canada's federal parties is their timidity, especially when it comes to climate change.
Despite a slowing economy, Josh Frydenberg says ‘you wouldn’t want to be in any other economy, other than Australia’. James Ross/AAP

Politics with Michelle Grattan: Treasurer Josh Frydenberg on a slowing economy

Politics with Michelle Grattan: Treasurer Josh Frydenberg on a slowing economy
This week's June quarter national accounts showed the weakest economic growth since the GFC, but Treasurer Josh Frydenberg remains optimistic.
As uncertain as 2019-20 is, The Conversation’s team of 20 leading economists are in broad agreement that the outlook isn’t good. Scott Morrison and Treasurer Josh Frydenberg will also have to deal with the unexpected. Wes Mountain/The Conversation

Buckle up. 2019-20 survey finds the economy weak and heading down, and that’s ahead of surprises

The Conversation's distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.

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