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Extreme weather weighs on Australian economy as growth slows to 0.2%

Treasurer defends economy despite slowdown, saying ‘with all the uncertainty in the world, any growth is a decent outcome’Get our breaking news email, free app or daily news podcastThe Australian economy has had an underwhelming start to the year, with growth of just 0.2% in the first three months of 2025 compared to 0.6% in the previous quarter.Annual growth was steady at 1.3%, the new figures from the Australian Bureau of Statistics showed. Continue reading...

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