Victoria in 'recession'

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Mar 11 2013 05:25
Victoria in 'recession'

According to the ABS, Victoria has joined Tasmania, the ACT and South Australia in being officially in a recession. Lies, damned lies and statistics being what they are, I'd say it's a fair bet that the reality is far worse.

Predictably enough the news was released at the same time Ballieu announced his resignation, thereby allowing this otherwise fairly major news item to be buried.

http://www.theage.com.au/business/victoria-slides-into-recession-with-sa-tasmania-20130306-2fkeq.html