Growth Numbers Conceal a Fragile Economy
To most readers here, it should come as no surprise that the average Australian did not share in the current economic growth the nation experienced over the year to March 2016.
Real GDP increased by 1.1 per cent in the March quarter after recording a 0.6 per cent increase in the September 2015 quarter. This brings the annual growth rate to 3.1 per cent, a number that won’t stop unemployment from rising.
Read more at: The Australian Independent Media Network