Fresh economic data due out on Wednesday is expected to show just how “dead in the water” Australia’s economy is, says Sky News host Sharri Markson.
The GDP data is tipped to reveal that Australia’s economy grew by as little as 0.2 per cent in the June quarter.
“This would put annual GDP growth at just 0.9 per cent for the year, and … this would be the slowest pace since the 1990s recession,” Ms Markson said.
“The weakest economy in more than 20 years.”
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