Published: March 06, 2019
It’s increasingly difficult for the government to argue that the economy is doing well - and it’s two months until the election
Both economically and – for the government – politically, the latest GDP figures released on Wednesday are just terrible – a truly lousy set of numbers. As the last national accounts before the election this was the final major opportunity for the government to prove that its policies were working. Instead the figures revealed a sharply slowing economy compounded by the story of this government’s five and half years in office – weak wages growth flowing through to stagnant household incomes.
Related: While companies are doing well, workers and households have been left behind | Greg Jericho
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