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Why Australians feel poorer

This week, the Australian Bureau of Statistics (ABS) released the national accounts for the June quarter, revealing that the economy grew by 0.4% over the quarter and 2.1% over the year. The result was slightly stronger than both the Reserve Bank’s and economists’ expectations, which has unfortunately increased the chance of a rate hike at The post Why Australians feel poorer appeared first on…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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