Australian Economy

GDP in detail: Weak growth, weaker employee earnings

Leith van Onselen
Wednesday, 5 December 2018
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By Leith van Onselen

The Australian Bureau of Statistics (ABS) today released the national accounts for the September quarter, which registered soft 0.3% growth in real GDP over the quarter and a 2.8% rise over the year.

On a per capita basis, real GDP fell by 0.1% over the quarter but was up by 1.8% 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.