Australia’s GDP increased 0.2 per cent in Q2 2024 and 1.5 per cent for FY 2023-24.
However, GDP per capita fell 0.4 per cent, marking six consecutive quarters of decline.
The country’s household spending dropped 0.2 per cent, while government spending rose 1.4 per cent.
Investment fell 0.1 per cent, and a 3 per cent drop in export prices.
However, GDP per capita fell 0.4 per cent, marking six consecutive quarters of decline.
The country’s household spending dropped 0.2 per cent, while government spending rose 1.4 per cent.
Investment fell 0.1 per cent, and a 3 per cent drop in export prices.
