Fact or Fiction: Economy speeds up and traffic slows down
Productivity Commission chair Dr Ganesh Nana says GDP is not a ‘great measure of anything useful’.
Brent Edwards
Sat, 19 Jun 2021
Productivity Commission chair Dr Ganesh Nana says GDP is not a ‘great measure of anything useful’.
While opposition parties are criticising the government for its slow roll-out of the vaccination programme, they are not about to praise it over better-than-expected economic growth figures.
GDP was up 1.6% in the three months to the end of March, well ahead of forecast. In fact, both the