Australian Economy Slows Amid Household Belt-Tightening
Australia's economy is slowing as households reduce spending. A continued fall in GDP per person in the June quarter would signal a per capita recession for the nation.
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Developing
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Sources · 7 independent
Mastodon
“Australia’s economy slows as households tighten their belts, while AI investment surgesIf GDP per person falls again in the June quarter, Australia would enter a ‘per capita’ recession – signalling th...”
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