Kevin Rudd has asked more than seven million voters who have never experienced a recession to stick with Labor as figures show 22 years of uninterrupted growth in Australia.
The Prime Minister, just two days from polling day, warned Opposition cuts would drive the country into its first recession since 1990-91.
Bureau of Statistics figures show the economy grew 0.6 per cent during the June quarter through private capital spending.
In the past year, it expanded 2.6 per cent, below trend but slightly above expectations.
The WA economy returned to growth with State final demand up 1.3 per cent for the quarter, though the recent trough was evident in the annual measure falling one per cent.
The figures confirmed better workplace productivity, which hit its highest level in seven years, but company profits continue to be hit by the strong dollar and conservative consumers.
Profits fell 3.2 per cent through the quarter, the biggest fall in more than 50 years, while the household savings ratio climbed slightly to 10.8 per cent.
Consumer spending, while positive, grew at its slowest in four years and less mining investment is now detracting from growth.
Mr Rudd seized on the figures, saying they proved the ability of Labor to manage the economy, which could be at risk from deep coalition spending cuts.
"Public investment still in these difficult global economic circumstances is a fundamental part of keeping the Australian economy strong and in positive growth territory," he said. "Therefore, pulling the plug on public investment prematurely by massive cuts places continued growth at risk."
Mr Rudd said the 7.4 million Australians under 40 had never experienced a recession.
"Even if you cannot remember what a recession is like, bear in mind how easy it is to fall into one and the consequences are dreadful for people, their jobs and their pay packets," he said.
Mr Rudd said given the fragile global economy, Australia's continuing growth was a "strong achievement".
Opposition Leader Tony Abbott rejected the suggestion a coalition government could drive Australia into recession with its planned cuts, saying his plan was to revitalise the economy.