Wednesday, September 4, 2019

Australian economic growth hits 10-year low

The Australian economy has recorded its weakest annual growth in a decade, expanding just 1.4% in the year to June. The economy grew 0.4% between April & June compared with the previous quarter, a small increase driven by mining exports & govt spending. The external sector drove GDP growth this quarter, while growth in the domestic economy remains steady," govt said.

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