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AAP
AAP
Business
Poppy Johnston

More gloom ahead as economy plods along in slow lane

David Rumbens Tax Cuts
The government says the economy is sluggish, as research shows retail spending has been in decline. (Jono Searle/AAP PHOTOS)

Price pressures and ballooning mortgage payments have been slowing the Australian economy with a looming health check likely to show persistent weakness.

Ahead of the June quarter national accounts, Treasurer Jim Chalmers warned of another subdued result.

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