Australia would be in a recession but for a Ponzi scheme. Stop immigration, stop funding NDIS, stop offering useless university degrees, and get back to work: we sell nothing but houses and lattes. Productivity will get us out of this mess. www.aljazeera.com/economy/2024...

Australia’s economy posts worst performance since 1992, excluding pandemic

Gross domestic product declines 1.5 percent on per capita basis following successive interest rate hikes.