Retail therapy cures COVID’s economic symptoms

Treasurer Josh Frydenberg declared yesterday that while the recession was over, the economic recovery was not. The national accounts revealed a bigger-than-expected 3.3 per cent growth in the economy in the three months to September as the nation came out of lockdown, the largest quarterly jump since 1976. Queensland and NSW drove the recovery with the biggest increase in public and private spending in the nation.

A breakdown of the figures show Queenslanders splashed…



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