Wednesday, March 4, 2020

Australia's economy beats expectations ahead of bushfire, coronavirus impacts. But could the 29 year recession free run soon be at risk?

There's some positive news on Australia's economy with official growth figures for the final three months of last year coming in better than expected. 

But unexpected growth of half a percent in the final quarter of 2019 might be a end of a positive run with the coronavirus and bushfires in south eastern Australia likely to push the economy into recession territory later this year. 

ABC's Peter Ryan analyses the risks.

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