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Australian households are spending more – and it’s helping the economy regain some momentum

After two years of weak economic growth, there are signs of a recovery in household consumption – though productivity remains a soft spotFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia’s economy has wrapped up its weakest financial year since the early 1990s, outside the pandemic, marking two years of weak growth in the wake of the post-Covid lockdown boom.But it’s not all bad news. Continue reading...

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