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Australian economy outperforming, but coronavirus ‘shadow’ could last years, warns RBA’s Lowe – ABC News

Reserve Bank governor Philip Lowe delivers a reality check, warning Australia’s economy will only “meander along with mediocre growth” after the pandemic unless major reforms are undertaken.

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The Reserve Bank governor says the Australian dollar is up off recent lows because of how well the nation has handled coronavirus so far, but warns that will change if there is no major economic refo…

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