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Sluggish but still growing: How 2019 looked for the economy

SBS News in Macedonian 4 March 2020

People walk past the Reserve Bank of Australia sign in Sydney on September 2, 2014, AFP PHOTO/William WEST Source: AAP

Australia's economy continued its 29-year run of uninterrupted economic expansion in 2019 but that growth has slowed to a decade-long low. Fears of a global slowdown spurred by the US-China trade war, along with more cautious consumers, have made the economy sluggish - so what's being done about it?


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Updated

By Ricardo Goncalves

Presented by Cristina Lazo

Source: SBS




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Australia's economy continued its 29-year run of uninterrupted economic expansion in 2019 but that growth has slowed to a decade-long low. Fears of a global slowdown spurred by the US-China trade war, along with more cautious consumers, have made the economy sluggish - so what's being done about it?



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