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Published 2 years ago

Australia forecast to avoid recession

Summary by Gold Coast Bulletin
Australia's economy is expected to defy dire forecasts about stalling global growth and soaring inflation, but mortgage owners are in for much more pain. Sky News Senior Political Reporter says the OECD has “painted a pretty dire and bleak economic picture for the globe” but Australia is still "faring okay by comparison". "Two per cent growth predicted for the Australian economy next year, down by 0.5 per cent," she said.

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