Australia is in Recession

#Australia #AusPOL #Recession

GDP Per Capita has declined in Australia for the last two quarters, so for all intents and purposes, we are in a recession for the first time in 27 years. Our politicians need to use the R-word before the RBA starts playing with QE or negative interest rate. Perhaps some infrastructure projects that might provide a legacy? Even a recession can provide opportunities.

References

The reasons why our economy is weak
https://www.news.com.au/finance/economy/australian-economy/the-reasons-why-our-economy-is-weak/news-story/8a7e535745be0270dc0fdef6bd8df605

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