ABS data: Growth is the order of the day in the national accounts figures released this week. The economy recorded 1.1% growth, GDP up 2.4%, and growth in 15 out 0f 20 industries including, interestingly, mining, agriculture, forestry and fishing, and professional scientific and technical services. House consumption contributed 0.5 percentage points to growth and net exports 0.2. Essential reading for all economists and business types.
Posted on Mar 1, 2017