HomeGeneral NewsEconomy ‘on life support’ as inflation, high interest rates bite

Economy ‘on life support’ as inflation, high interest rates bite

September 4, 2024

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GDP per capita is continuing to shrink with a sixth consecutive quarterly downtick recorded for June amid small-scale growth for the Australian economy, latest Australian Bureau of Statistics figures show.

June quarter figures show GDP per capita fell 0.4%, mirroring March quarter figures and…

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