The private sector is teetering on recession, as bloated government spending and immigration keep the economy afloat.
The national accounts make grim reading and are indisputably worse than expected.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
