GDP is V-shaped, but not yet good. These three graphs tell the story
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
There’s one graph that sums up both the good and not-yet-as-good detailed by Treasurer Josh Frydenberg at Wednesday’s national accounts press conference.
It’s a graph of the level of Australia’s gross domestic product – how much is produced and earned each three months in Australia – adjusted for inflation.
Austral...
Read more: GDP is V-shaped, but not yet good. These three graphs tell the story