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Flat White

Frydenberg is wrong, Australia is in economic decline

29 March 2022

2:00 PM

29 March 2022

2:00 PM

The economy is not bounding ahead as declared by the Treasurer, it is stagnant – probably even in decline.

There may be large sales and tax revenue, which makes the government budget look good, but these are essentially from big mines with overseas contracts. Small businesses and the average citizen do not see the economy bounding – they see a lack of customers and short hours.

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