213 - GDP Growth Stumbles, Per Capita Recession Deepens, Will the RBA Hold Firm?
Update: 2024-12-04
Description
This week, we examine Australia's latest soft GDP figures. The headline number is a weak 0.3% quarterly expansion, the lowest rate of annual growth since the pandemic with private sector demand contributing nothing to this meager growth figure.
Will the RBA stay the course with rates on hold in the face of a deepening per capita recession and falling living standards?
We also look at what's driving Australia's poor economic performance relative to other OECD nations.
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