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Economic rebound tipped for next year – The Australian Financial Review

The OECD lifted its forecast for Australia’s economic growth ahead of GDP numbers expected to show a bounce out of recession.

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The S&P/ASX 200 Index closed 1.1 per cent higher at 6588.5 points following further good news on COVID-19 vaccines, the second consecutive monthly rise in residential property prices and the biggest jump in monthly building approvals since 2000.
Consumer confidence recorded its 12th gain in 13 weeks, official payroll numbers jumped again with Victoria recording its third consecutive fortnightly gain after the lockdown was eased, while the second-largest winter crop on record has been forecast and…

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