Australia to bounce further out of recession
Australia has bounced out of recession recording a 44-year high in quarterly economic growth which is set to continue in the final months of 2020 and into the new year as Victoria's reopening and government budget stimulus recharge consumer spending and business investment.
The economy officially lifted out of a technical recession after posting a 3.3 per cent jump in September quarter GDP pegging back close to half of the 7 per cent collapse in the June quarter.
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