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The Australian Bureau of Statistics (ABS) today released the national accounts for the December, which registered 0.4% growth in real GDP over the quarter and a 2.4% rise over the year.
On a per capita basis, real GDP was dead flat over the quarter (i.e. 0% growth) and was up by just 0.8% over the year.
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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.