Australia's economy is slowing: what you need to know
- Written by The Conversation
Treasurer Joe Hockey said Australia is not heading for a recession.AAP Image/Dean LewinsAustralia’s economy grew by just 0.2% in the June quarter, below expectations of 0.4%, largely as a result of reduced mining and construction activity and a decline in exports of 3% during the quarter.
Nominal Gross Domestic Product grew by 1.8% during the...
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