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Australia: world record for economic growth

Australien: Wirtschaft mit Tiefgang
Australien: Wirtschaft mit Tiefgang Source: Getty Images

Australia is closing in on a world record for the longest period of economic growth in the modern area.


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Updated

By Wolfgang Müller

Source: SBS



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Australia is closing in on a world record for the longest period of economic growth in the modern area.


However, financial expert Dr Klaus Wiegel warns that consumers are suffering from a dual frustration of weak wages and underemployment fuelling fears of a recession in the near future.

 


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