Published: December 05, 2018
Households will be hit hard if lower-than expected growth signals things are about to really turn bad
The latest GDP figures show just how quickly things can turn, and how the lack of economic growth going towards households means that, should the economy continue to soften, we are likely to experience a lost decade in household living standards.
Related: Australia's GDP growth slows to 2.8% as weaker spending hits economy
Continue reading...from The Guardian https://ift.tt/2zGyUXq
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