Chalmers says the economy is world-beating. The data says it’s not

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Jim Chalmers says Australia’s economy is holding up better than most. But when you dig into the detail – and compare us to the rest of the developed world – the story looks far less impressive.

Speaking after the release of a disappointing set of GDP figures on Wednesday, Chalmers declared that “overwhelmingly, our economic story in Australia is a story of relative economic strength”.

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