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Australian economy emerges from recession

March 5, 2025 - 11:50 -- Admin

The Australian Bureau of Statistics (ABS) has released the national accounts for Q4 2024, which revealed that the economy has finally emerged from its longest recorded per capita recession. The Australian economy grew by 0.6% in Q4 2024 and 1.3% year-on-year. In per capita terms, the economy grew by 0.1% in Q4, the first increase

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