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We’re not in recession now? Here’s what today’s GDP figures mean – ABC News

Today’s GDP data show Australia’s economy was on the path to recovery until NSW lost control of the virus.

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Today’s GDP figures show the economy grew by 0.7 per cent in the June quarter.
How could that be?
Here are four quick points to explain what’s going on.
One: They’re backwards-looking
Today’s Bureau of Statistics figures show what happened to economic activity…

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