Wednesday, March 1, 2023

Economy continues to expand but at a slower pace as inflation, rate rises bite

Australia's economy grew 0.5 per cent in the final three months of 2022, according to Bureau of Statistics figures. 

While household spending continued to rise at the end of last year, the growth rate has started to slow in the face of rising interest rates and high inflation. 

Also the war over changes to superannuation is intensifying as Opposition Leader Peter Dutton focsussed in broken promises and class warfare.

Here's my coverage from The World Today

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