Is the government going to create a recession out of thin air? This morning’s GDP figures from the Office of National Statistics are dire, showing that the economy contracted by 0.1 percent in October, following a similar fall in September.
We are still a long way from a recession being officially called – that would only happen after two quarters of negative growth.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in