Wednesday, June 2, 2021

Australia's economy now bigger than at the start of the COVID pandemic, GDP data shows. But can rebound last in the face of vaccine delays and lockdown risks?

Australia's economy has bounced back from the COVID recession, growing by a much-better-than-expected 1.1 per cent over the past year. GDP grew 1.8 per cent in the March quarter, above economist expectations of 1.6 per cent. 

ABC's Peter Ryan says while growth is expected to continue, Australia's rollout of vaccines remains critical to managing future outbreaks.


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