Australian economic Q3 growth slows to 0.2%
The data is more evidence that the RBA might be at, or close to, the top of its tightening cycle.
The savings rate is now at its lowest since 2007.
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Australian economic growth slowed in the third quarter as higher interest rates started to bite but while GDP growth was positive Australia continues to be in a “per capita” recession.
Data from the Australian Bureau of Statistics released today showed the economy expanded by 0.2% in the third
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