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Slow growth pushes case for comprehensive reform

Brendan Rynne discusses the latest economic data which reveals the economy is still in slow mode.

The latest gross domestic product (GDP) results reaffirm the economy is stuck in slow mode, with both consumption and investment activity treading water and growth predominantly dependent on government spending and export growth.The national accounts show the public sector purse strings have been loosened virtually across the board with greater amounts of consumption and investment activity occurring across all tiers of government.While private sector investment continues to be weak, from a c...

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Authors: Brendan Rynne

Published Date: 05 December 2019

 

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