69K views · 30 reactions | Australian economic growth has slowed to levels last seen during the global financial crisis with the economy growing by just 0.4% during the March quarter. Story: 7news.link/nTE8s4 #TheLatest #7NEWS | 7NEWS Australia | Facebook
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ASX 200 breaks through GFC barrier
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8.1K views · 65 reactions | As we faced most dramatic one-day fall in our share market since the GFC, the government is preparing a substantial rescue package in the hope of preventing a recession. #9News | 9 News Sydney | Facebook
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More than a decade since the GFC the average Australian household income has still not recovered according to a landmark study. www.7NEWS.com.au #Money #7NEWS | 7NEWS Sydney
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The GFC matters today because it isn’t just a debate about Australia, or one crisis, and most importantly it’s not just ten years old. It’s a debate that goes back 80 years to the Great Depression and the publication of Keynes’s General Theory – a debate about what role government should play in the economy. Keynes’s book famously foreshadowed the post-World War II welfare state, which for more than three decades underwrote the Golden Age of capitalism, before it succumbed to the trickle-down pr
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