With rate cuts and the real risk of a recession ahead, can Australia’s economic run of luck continue? – Politics – ABC News (Australian Broadcasting Corporation)

A comparison of real GDP quarter on quarter and year on year over the last 30 years.

FAKE NEWS THE LNP HAVE IMPROVED THE ECONOMY. $80 Mill MEDIA CON (ODT)

That points to an exceptionally weak economy, susceptible to a growing list of potential international shocks; a message starkly at odds with that presented at the budget and the election.

Just two months ago, we were promised a decade of federal budget surpluses based upon a strong and recovering economy.
When a housing slump collides with rising unemployment

That’s the problem with booms. They tend to unwind, occasionally in spectacular fashion, especially when they’ve been supercharged with debt.

via With rate cuts and the real risk of a recession ahead, can Australia’s economic run of luck continue? – Politics – ABC News (Australian Broadcasting Corporation)