Australia’s economic growth hits record low of 1%
Play
Stop
Australia’s GDP growth has reached a record breaking low of 1%, the lowest growth since 1991-92 according to the Australian Bureau of Statistics.
Whilst Treasurer Jim Chalmers has accused the Reserve Bank of sabotaging the economy with high interest rates, global economic conditions aren’t looking great either.
So, what International trends could be behind Australia’s economic slowdown?
(Visited 13 times, 1 visits today)
Download Audio