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Australia’s Economy is a House of Cards

By Matt Bar­rie & Craig Tin­dale. I recently watched the fed­eral trea­surer, Scott Mor­ri­son, proudly pro­claim that Aus­tralia was in “sur­pris­ingly good shape”. Indeed, Aus­tralia has just snatched the world record from the Nether­lands, achiev­ing its 104th quar­ter of growth with­out a reces­sion, mak­ing this achieve­ment the longest streak for any OECD coun­try since 1970. Aus­tralian GDP growth has been trend­ing down for over forty years Source: Trad­ing...

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