Australian economic Q3 growth slows to 0.2%
The data is more evidence that the RBA might be at, or close to, the top of its tightening cycle.
The savings rate is now at its lowest since 2007.
Australian economic growth slowed in the third quarter as higher interest rates started to bite but while GDP growth was positive Australia continues to be in a “per capita” recession.
Data from the Australian Bureau of Statistics released today showed the economy expanded by 0.2% in the third
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