Australian Recession 2024. Australia's economy grew by 0.2 per cent in the june quarter, and 1 per cent over the last year, according to the australian bureau of statistics (abs). Ong says there are three key reasons why australia could avoid a recession.


Australian Recession 2024

Gross domestic product (gdp) for the march quarter grew at 0.1 per cent. The first is a surge in net overseas migration, which has driven population growth up to an annual.

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