Australia’s GDP bounce masks a bigger economic problem (Leithvo)

This week's Treasury of Common Sense on Radio 2GB/4BC discusses this week's Q2 national accounts and the gremlins lurking beneath.



Household spending drove up the GDP number. One good report does not mean things have turned around considering the lack of industry (that's been outsourced), high energy costs (crushing ordinary people and businesses), and mass migration (impacting infrastructure and housing). 

[Posted at the SpookyWeather2 blog, September 6, 2025.]