Australia marks 26 years since recession with growth data
Bibliographic record
Abstract
Australia's economy has grown for 26 years without a recession, an extraordinary achievement in a volatile world still aching from the global financial crisis. Australia's economy has grown for 26 years without a recession and the reason for the economic success has to do with population growth.Australia's population grew by more than one and a half percent last year.The Australian Bureau of Statistics crunched the numbers and found the economy had grown in the three months through June for a 104th quarter without a technical recession.Half the improvement was due to consumer spending, a consequence of population growth providing more consumers.Although that sounds good, many economists argue that Gross Domestic Product alone can paint a misleading picture of an economy such as Australia's.They also argue that GDP needed to grow faster to deliver wage growth to Australia's expanding ranks of workers.Annual wage growth is currently at its lowest since Australia's last recession ended in 1991...and...underemployment was near a record high.
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How this classification was reachedexpand
Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.000 |
| Meta-epidemiology (narrow) | 0.001 | 0.001 |
| Meta-epidemiology (broad) | 0.001 | 0.000 |
| Bibliometrics | 0.000 | 0.000 |
| Science and technology studies | 0.000 | 0.003 |
| Scholarly communication | 0.000 | 0.000 |
| Open science | 0.005 | 0.001 |
| Research integrity | 0.000 | 0.001 |
| Insufficient payload (model declined to judge) | 0.011 | 0.002 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; both teacher heads agree on what is shown here.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".