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Australia’s private sector recession deepens

October 9, 2024 - 00:10 -- Admin

I noted on Monday how Australians are experiencing their longest per capita recession on record following six consecutive quarterly falls and seven declines in the previous eight quarters. The OECD’s most recent economic outlook cut Australia’s GDP growth forecast for 2024 to 1.1%, down from 1.5% in the previous edition in May. The OECD also estimated

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