The latest June quarter National Accounts from the Australian Bureau of Statistics are out.Australia's economy grew by 0.2 per cent in the June quarter, and 1 per cent over the last year, according to the Australian Bureau of Statistics (ABS).It is the weakest rate of annual growth Australia has recorded in years in seasonally adjusted terms.Excluding the COVID-19 pandemic period, annual financial year economic growth was the lowest since 1991-92, the year that included the gradual recovery from the 1991 recession.Treasurer Jim Chalmers warned this week that the Reserve Bank's 13 interest rate rises were "smashing the economy".
Jimmy is at it again...BLAME BLAME BLAME
The latest June quarter National Accounts from the Australian...
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