The Australian Economy Has Stalled

Economist John Humphreys, the Australian Taxpayers' Alliance Director of Fiscal Policy, makes the following note about today's GDP Figures:
The media today has been reporting September quarter GDP growth of 0.5 percent... but what they don't tell you is that population growth was also 0.5 percent over the same time... so the per-capita GDP growth was zero

If we lived in a world where the media reported relevant information about the economy, they would report per-capita statistics. Until that time... you'll need to keep listening to the Australian Taxpayers' Alliance!

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