Oz Blog News Commentary

Articles from Peter Martin

GDP. Why we've the weakest economy since the global financial crisis, with few clear ways out

September 4, 2019 - 11:07 -- Admin

The Australian economy is tepid, with consumer spending the weakest in ten years, business investment shrinking, and economic growth too weak to cover population growth.

Were it not for very strong growth in export income and the biggest surge in government spending in 15 years, the economy would have shrunk.

Mine are bigger than yours. Labor's surpluses are the Coalition's worst nightmare

May 10, 2019 - 11:47 -- Admin

On Friday morning the Coalition’s worst dream will come true.

All throughout the campaign, and all through the two terms in office and three prime ministers and three treasurers who preceded it, they’ve argued they are better than Labor at managing money. They had budget surpluses under Howard that Labor didn’t have under Rudd and Gillard.