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Support package gains shape as GDP turning point swamped

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

The good news is our economy was performing better than had been thought in the lead-up to the bushfires and coronavirus.

Updated figures in Wednesday’s national accounts show the economy grew 0.6% in the three months to September, rather than the 0.4% previously reported, and a healthier-than-expected 0.5% in the three months to December.

Com...

Read more: Support package gains shape as GDP turning point swamped