Despite record govt.spending by cash handouts and consequent ballooning public debt growth fell dramatically this quarter with non govt. sector growth only 0.1%. When the money runs out this govt. has stuffed (literally and metaphorically) the economy.With all our resources per head of population how could Swan and Gillard be so useless.A hard act to put right like Bligh1s mess in Queensland.
Australia's gross domestic product (GDP) expanded by 0.6 per cent in the June quarter for an annual rate of 3.7 per cent, official data showed on Wednesday.
Mr Hockey said much of the growth was down to government spending in the June quarter.
"The government sector directly contributed 0.5 per cent to growth in GDP through its consumption and investment," he said in a statement on Wednesday.
Hockey noted the carbon tax compensation package boosted household spending in the quarter
