Business
ASX climbs; GDP rises 3.3pc in Q3 – The Australian Financial Review
Australia has recorded the strongest quarterly GDP growth since 1976; the ASX has fallen; Mesoblast soars on FDA fast track; Zip transactions soar in November;…
Reserve Bank governor Philip Lowe is appearing before Parliaments House economics committee today where he is outlining the state of Australias economy.
Mr Lowe said the economy had now turned a corner and recovery is underway but will be uneven and bumpy as different sectors do better than others.
RBA governor Philip Lowe. Jessica Hromas
He said the RBA had forecast GDP growth in both the September and December quarters and economic growth of 5 per cent next year and 4 per cent over 2022.
These…
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