GDP to be hit in March, possibly June quarters

04 March 2020

 

Since the “recession we had to have” as the recession of 1990/91 became known, Australia’s GDP growth has been consistently positive, with only the odd negative quarter here and there. Australia even managed to avoid two consecutive quarters of negative growth in the GFC period. However, rates of growth in recent quarters have fallen below 2% and the RBA has recently cut its cash rate target to the lowest rate...

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