GDP
Opinion
Opinion
How we measure recession is wrong. Here’s a better way to do it
GDP is a flawed measure of the health of an economy at the best of times, and it’s time we paid attention to a different statistic.
- by Millie Muroi
Latest
Opinion
US Votes 2024
Harris has a good story to tell, but it’s falling on deaf ears
Donald Trump says the Biden-Harris administration has destroyed the US economy. Far from it, and the data proves it.
- by Stephen Bartholomeusz
Opinion
Opinion
Our economy has turned into a tortoise. The Reserve Bank will be happy
Most of us know the saying: slow and steady wins the race. Here’s why a slowdown doesn’t worry the Reserve Bank – and why interest rates will probably stay put.
- by Millie Muroi
Some may have to sell their homes: RBA governor gives economic warning
Michele Bullock’s alert comes amid signs the business sector is also struggling with high inflation and rates.
- by Shane Wright and Penry Buckley
‘Smashed’ economy slows like it’s 1991
The economy grew just 0.2 in the three months to June, propped up by government spending, and is in the worst run of per person GDP drops since the early 1980s.
- by Shane Wright and Millie Muroi
Five things the national accounts tell us about the economy
Here’s what you need to know from the latest gauge of the economy – in five charts.
- by Millie Muroi
Analysis
Australian economy
Cookies crumble as interest rates bite into household budgets
Australians are responding to high inflation and interest rates by downgrading their biscuits, beer and footwear.
- by Shane Wright
Opinion
Australian economy
GDP is going backwards. That doesn’t mean your life is, too
If gross domestic product – better known by its nickname GDP – was a perfect reflection of our quality of life, we would be in trouble.
- by Millie Muroi
Analysis
Federal budget
The budget handout that could cruel your next pay rise
Just spending money on handouts to bring down inflation is not Jim Chalmers’ main game.
- by Shane Wright
Opinion
For subscribers
The economy’s just the means to an end. So, are we getting our money’s worth?
Our materialism puts us on a “hedonic treadmill”. We think buying a bit more stuff will make us happier and, at first, it does. But pretty soon the thrill wears off.
- by Ross Gittins
Australia’s fossil fuel giants set to take multibillion-dollar hit
Australia’s gas and coal exporters face a tricky next five years with prices expected to keep tumbling.
- by Nick Toscano
Original URL: https://www.smh.com.au/topic/gdp-5xq