Kohler’s Charts – Key Takeaways From The GDP Read

A couple of key points from this week’s national Accounts, which showed the first contraction in GDP since 2011.

First: NATIONAL INCOME IS NOW GROWING IN LINE WITH GDP
(which is something I guess)

and…

QUEENSLAND IS IN RECOVERY, BUT WA IS STILL IN EMERGENCY

Negative GDP was a shock, that’s for sure, but everyone agrees we’re not in recession – not yet anyway.

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