Q4 2019 GDP data was yesterday and it was slightly better than expected.
Q1 will be a big test what with the COVID-19 impacts in China and globally.
And … not long to go until Q2 begins, with any luck a bounce back but we'll see
Anyway, most important word in the headline is … yet:
Forecast is from Meghan Quinn, Deputy Secretary, Macroeconomic Group Treasury
- "At the moment we are not forecasting a recession for the Australian economy"