This is the result.
Economic growth
Australia's economy grew 0.2% in the June quarter of 2024, but GDP per capita has been falling for six quarters in a row. The economy has been shrinking per person for almost two years, which is the longest downturn since the 1991 recession.
Financial hardship
In January 2024, 34.2% of Australians reported having difficulty making ends meet, which is the highest rate since February 2020.