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Australia’s economy is growing – on an annual basis – at the slowest rate observed since the early 1990s, if one excludes the period impacted by the Covid-19 pandemic. This was the bad news aspect of the Australian Bureau of Statistic’s release of GDP data for the June quarter, which revealed that for that period, economic growth was at 0.2% – a figure which represented eleven consecutive quarters in the green, and the same reading as for the March quarter of this year, and 2023’s December quarter. The June quarter figure was largely in-line with expectations. However, the consistently weak re…

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