Australia's Economy at a Standstill, Says Sky News Host

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Australia's Economy at a Standstill, Says Sky News Host
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Sky News host Chris Kenny comments on the latest economic data for the December quarter, stating that the country is at a standstill economically and Australians are 'going backwards'. The national economy only grew by 0.2% in the three months to December, with some states experiencing stagnation or shrinkage. Treasurer Jim Chalmers' response is criticized.

Sky News host Chris Kenny has commented on today's economic data for the December quarter, saying the country is at a standstill economically but Australia ns are “going backwards”. “The national economy barely grew in the latest quarter – it was only up 0.2 per cent in the three months to December,” Mr Kenny said.“In fact, across the biggest states, New South Wales and Victoria, and in smaller states like Tasmania and South Australia , the economy was either stagnant or shrinking.

“Yet Treasurer Jim Chalmers seems smug as ever

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SkyNewsAust /  🏆 7. in AU

Australia Economy Standstill Growth Stagnation Shrinkage December Quarter Chris Kenny Sky News Treasurer Jim Chalmers

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