GDP growth for June quarter lower than expected, is Australia heading for negative growth?

GDP growth in the June quarter came in at .8% and the market had predicted .9% Business investments are offsetting falls in mining investment Wages growth is still a concern – they are not growing at all Slight surge in LNG exports and iron ore, which was slightly offsetting the effects of Cyclone Debbie  Alan Oster tells Alan Kohler he does not predict negative growth this year or next, and the economy is not having a rebound – despite what has been reported. Today’s national account number for GDP growth in the June quarter came in at .8%, which was

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