Business
Covid: Australia economy climbs back to pre-pandemic size – BBC News
The country’s rapid recovery has been driven by booming commodity prices and domestic spending.
image copyrightGetty Images
image captionCoal is a major export for Australia
Australia’s economy has continued its rapid rebound, to grow larger than it was before the Covid-19 pandemic.
Official figures show that gross domestic product (GDP) rose by 1.8% in the first quarter, beating expectations.
Growth was spurred by a soaring demand for commodities around the world and spending by consumers and businesses.
Last year, Australia was tipped into recession after lockdown measures were imposed across…
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