Economy

Jun 12, 2018

Australia’s economic ‘surge’ isn’t as great as the media claim

Last week, Treasurer Scott Morrison preached, with the fervour of a televangelist, Australia's modest 3.1% economic growth. And the mainstream media lapped it up.

Alan Austin — Freelance journalist

Alan Austin

Freelance journalist

Once again the mainstream media are in lock-step misreporting Australia’s economy.

Most reports last week hailed the 1.0% quarterly and 3.1% annual growth in gross domestic product (GDP) as a success:

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