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Australian economy at 10 year lows

Article image for Australian economy at 10 year lows

The Australian economy is experiencing its slowest growth since the global financial crisis a decade ago.

The economy grew by just 0.4 per cent in the first three months of the year.

It’s believed many businesses didn’t make any investments prior to the Federal Election.

Treasurer Josh Frydenberg tells Ross Greenwood the trade war has affected the economy.

“The trade tensions between the US and China are real.

“One in five Australian jobs are related to trade.”

Click PLAY to hear the full interview

Deborah Knight
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