Australia has “run out of booms”

Wednesday 7 March 2018

Business Insider’s David Scutt has penned an interesting post questioning the underlying strength of the Australian economy and its 27-year unbroken run without a technical recession:

Australia has now gone nearly 27 years without experiencing a technical recession, defined as two consecutive quarters of negative real GDP growth…

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.