GDP rose just 0.2 per cent in March as businesses cut back on investment, consumers watched their spending and limits on foreign students hit exports.

Australia has again experienced a per capita recession as GDP grew by only 0.2 percent in the March quarter with the year-on-year growth coming in at just 1.3 percent, according to data released ...

According to the latest ABS figures, GDP rose in the March quarter by 0.2 per cent and 1.3 per cent year-on-year. But that anaemic growth was not enough to keep Australia out of a per capita ...

GDP to ‘fall again’ in March quarter economists, banks warn after Australia broke 21 month long per capita recession. Australia could be heading back into per capita recession territory as ...

The Institute of Public Affairs think tank noted that since Labor came to power in May 2022, Australia's GDP per capita had fallen by 1.7 per as the population grew by 5.9 per cent.

Mr O’Brien also noted that household spending only increased by 0.4 per cent, in a “large part” due to people paying more on energy bills, while real net disposable income was down 6.3 per cent.

Australia's economy rose 0.2 per cent in the March quarter, however, a 0.4 per cent population growth over the same period is pushing the country back on the brink of a per capita recession.

Mr O’Brien also noted that household spending only increased by 0.4 per cent, in a “large part” due to people paying more on energy bills, while real net disposable income was down 6.3 per cent.

Mr O’Brien also noted that household spending only increased by 0.4 per cent, in a “large part” due to people paying more on energy bills, while real net disposable income was down 6.3 per cent.