Business

The Economy

Dollar Sinking In The Sea Showing Depression Recession And Economic Downturns generic pick of dollar sign sinking into water

GDP: Short for Generally Dubious Puffery?

GDP might well be the least bad of all the flawed ways in which we can measure the health of our economy. But it's far from perfect, especially if you're aiming to capture the impact of the economy on people.

Illustration: Glen Le Lievre

Recession? Look out your window

What would economic race-calling be without its little excitements? As you may possibly have heard, this week's news is that the economy has contracted - shrunk, gone backwards - by 0.5 per cent.

Iron ore prices have risen sharply - but not export volumes.

Wider trade gap adds to economy's worries

A surprise blow-out in the October trade deficit has raised questions about the predicted rebound in economic growth, following the third-quarter contraction.

Reserve Bank Governor Philip Lowe says 'some slowing' in economic growth is likely before a pick-up next year.

Experts think economy has gone backwards

Financial market analysts believe the economy went backwards immediately after the July election, ending 5 years of continuous growth and calling into question the government's repeated promise to "deliver jobs and growth".

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