Australia on brink of another 'household recession' | The Business | ABC NEWS
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YouTubeABC News (Australia)
Australia on brink of another 'household recession' | The Business | ABC NEWS
Australia is on the cusp of another per capita recession - when economic growth per person shrinks. The latest GDP figures show Australia's economy barely grew in March quarter, up 0.2 per cent and 1.3 per cent for the year. Australians are choosing to save more of their money, driving up the household savings ratio. The economy was only ...
143.7K views2 months ago
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How close is Australia to a recession? | The Business | ABC News
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