NewsBite

Analysis

We’re told Australia’s economy is world-beating. The data shows it’s not

Treasurer Jim Chalmers says Australia’s economic story is a one of “relative economic strength”. But his international counterparts have no reason to envy him.

Michael Read

Jim Chalmers says Australia’s economy is holding up better than most. But when you dig into the detail – and compare us to the rest of the developed world – the story looks far less impressive.

Speaking after the release of a disappointing set of GDP figures on Wednesday, Chalmers declared that “overwhelmingly, our economic story in Australia is a story of relative economic strength”.

Loading...
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com

Read More

Latest In Economy

Fetching latest articles

Most Viewed In Policy

    Original URL: https://www.afr.com/policy/economy/chalmers-says-the-economy-is-world-beating-the-data-says-it-s-not-20250605-p5m555