ITS ABOUT THE CASH NOTHING ELSE.
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Next AU recession in view despite best GDP growth in years, economists warn
As the economy reaches its economic zenith, a leading economist warns the next recession is already in view. Today marks the day after a well-deserved GDP party. Like any enthusiastic celebration though, there's the inevitable hangover. The latest economic growth figures show the Coalition's "jobs and growth" tagline is now very much a reality. Since forming government, more than a million jobs have been created and the economy's growth rate — at 3.1 per cent — is the envy of the world, sitting at the top of the G7 economic leader board. The chief economist of the Bureau of Statistics, Bruce Hockman, points ... (full story)