Borders reopening fuels growth in Australian economy

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The latest gross domestic product figures show Australia’s economy remains resilient, despite surging inflation and rapid interest rate rises. The figures from the ABS show Australia’s economy grew zero-point-9 per cent in the June quarter and 3-point-6 per cent through the year. The continued growth has been aided by the first full quarter of re-opened domestic and international borders since the pandemic began.

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