Australian GDP figures: economic fundamentals are strong says Frydenberg – business live

After data shows the economy growing at its slowest rate since 2009, the treasurer says Australia is ‘resilient’. Follow all the reaction and developments live

For an in-depth examination of the GDP numbers, look no further than this column by my colleague Greg Jericho. He argues that but for government consumption the economy would have turned negative. He also points out that we’ve had four straight quarters of economic growth below trend – the first time that’s happened since the 1990s.

Related: No surprise, but shocking: there's no other way to spin Australia's GDP | Greg Jericho

Time to check up on the scores around the grounds.

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From our friends over at the : Business | The Guardian

 

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