LMAO go back to school u fool.
A recession in Australia is reduction in gross domestic product (GDP) for at least two quarters. We have not experienced this as yet.
People like you should be banned from bigfooty. Unfortunately people may read your post and actually think you know what you're talking about. In fact you should be banned from any forum of any kind for giving false information.
Now go give yourself an uppercut to the face. You deserve it.
That is the technical definition of a recession, but it is only politicians & economists that live by that definition. The best way to tell if our country is in recession is to check out the number of empty/closing down shops, factories for lease, speak to small business operators about their turnover & attend some real estate auctions (this is just a few of the true indicators of recession).
My observations, taking into account the above indicators, is that our country is in recession & has been for about 3-4 months (ignore the Rudd generated retail splurge that has occurred in recent weeks, that has just papered over the real pain being felt).
BTW, please focus on debating the post, not personally attacking the poster.
I genuinely wouldn't be surprised if we don't even reach last seasons total. Something about the economy and the "Carlton are back up and running and won't miss my membership" factor.
