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GDP for the December quarter is expected to surge

GDP for the December quarter is expected to surge

On Wednesday, the GDP numbers for the December quarter of 2023 will be announced, and as a result, predictions for them have started to roll in.

As per some experts, Australia’s economy might have declined in the last quarter of the previous year.

The big banks agree that the GDP will surge by 0.3% in the quarter.

However, Westpac firmly believes that Australia will not experience any economic growth and could potentially decline.

According to experts, Australia will experience better economic growth in the second half of 2024 once stage three tax cuts are implemented.

- Published By Team Australia News

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