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‘Half full’ Phil: RBA governor rebuffs recession fears – Sydney Morning Herald

Governor Philip Lowe says the economy will shrink in the September quarter due to the latest lockdowns before rebounding in the…

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Its possible we will become more risk-averse … and tighten up our belts, he said, adding the evidence so far suggested this didnt happen but the longer the lockdown, the higher the risk.
The unemployment rate dropped to 4.9 per cent in June, ahead of…

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