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Morrison on GDP growth: Aussies should be confident about our prosperity

From sbs.com.au

Official figures show Australia's economy grew by 0.9 per cent in the September quarter, and by 2.5 per cent in the 12 months to September - a better-than-expected result. "The transition process is under way," Mr Morrison told reporters in Canberra on Wednesday. Mr Morrison said it was a strong increase from the 1.9 per cent growth in the year to the June quarter. "The key drivers of economic growth in the September quarter were net exports, household consumption and housing construction, more than offsetting the expected fall in business investment as we move through this transition period," he said. "There are ... (full story)

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