ABS figures show a slump in Australia’s trade performance.
National accounts
Australia avoids recession: what the pundits say
Yesterday’s confirmation that the Australian economy had avoided a technical recession sent the Rudd government into a fit of giggles, but the commentariat was less enamoured.
This “recession” is built on rubbery figures
Much has been made of the apparent rise in the savings ratio in the December quarter national accounts, but this could be a furphy, writes Glenn Dyer.






