Don't get too excited by Australia's rebounding economy – it's a distorted snapshot of the true picture | Greg Jericho - The Guardian

The GDP’s 3.4% growth in the December quarter only occurred because in the September quarter the economy shrank by the third-biggest amount ever

The Australian economy at the end of 2021 rebounded for one reason alone people coming out of lockdowns in the late winter and spring period spent their money. But ironically this massive surge of gr… [+4820 chars]

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