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Major bank slashes Aussie growth on China shock

November 18, 2024 - 13:00 -- Admin

Goldman with the bad news. Goldman now sees gross domestic product rising 1.8% next year, compared with 2% seen previously, reflecting the anticipated impact on exports from Australia’s biggest trading partner, according to its Australia and New Zealand 2025 Outlook, released Monday. President-elect Donald Trump has threatened to implement 60% tariffs on exports from China as he

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