A worker at a factory in Geelong, Australia. Photo: EPA-EFE A worker at a factory in Geelong, Australia. Photo: EPA-EFE
A worker at a factory in Geelong, Australia. Photo: EPA-EFE
Australia

End of ‘Goldilocks economy’? Australia braces for slowdown as consumption falls, Chinese demand for commodities shrinks

  • Australia’s economy grew just 0.4 per cent in the first three months of this year, after near-zero expansion in the second half of 2018
  • Locals have been spending less, and slowing momentum in the Chinese economy has reduced the demand for commodities and properties in the sun

Topic |   Australia
A worker at a factory in Geelong, Australia. Photo: EPA-EFE A worker at a factory in Geelong, Australia. Photo: EPA-EFE
A worker at a factory in Geelong, Australia. Photo: EPA-EFE
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