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The Conversation
The Conversation
John Hawkins, Senior lecturer, Canberra School of Government, University of Canberra

Australia’s economy grows by 2.1%, but people’s living standards aren’t keeping pace

Economy Australia GDP RBA
Grant Faint/Getty Images

Australia’s economy expanded by 0.4% in the June quarter, with spending growth driven by record sales of imported electric vehicles.

For the year to June, gross domestic product (GDP) grew by 2.1%, according to the Australian Bureau of Statistics, slightly stronger than market expectations.

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