“Through the year growth remains positive at 1.8 per cent, reflecting the three previous quarters of growth.“According to the ABS, the decline in the construction industry, which registered a 3.6 percent drop due to lower investment in building activity, had the biggest effect on the GDP calculation. Sub-optimal growth numbers were also seen in the financial and insurance industries.
Additionally, the ABS also states that the growth in the agricultural sector helped offset the declines in most other industries:
“The largest offset to these falls was agriculture which grew 7.5 per cent. Mining production contributed no growth, but maintained its historically high levels of production.“