Business
Australia has broken an economic growth record. But we’re not out of the woods yet – The New Daily
The economy smashed expectations on Wednesday, expanding 3.1 per cent over the December quarter to cap off the fastest six months of growth on record.
The Australian economy smashed expectations on Wednesday, expanding 3.1 per cent over the December quarter to cap off the fastest six months of growth on record.
But Australians will struggle to find enough jobs and wages growth will be weak for quite some time as economists warn of a uniquely bumpy pandemic recovery.
That’s because the historic rebound from the pandemic-induced crash last year is starting to slow. And unlike with past recessions, ongoing restrictions on certain sectors are limiting…
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