ASX 200’s worst day since April; Australian economy grows faster than expected

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On the Money Source: Getty

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The Australian sharemarket has experienced its worst single-day drop since April, with all 11 sectors finishing in the red. For more, Rena Sarumpaet spoke with Perpetual’s Head of Investment Strategy, Matt Sherwood. Plus, Australia’s GDP expanded by a larger-than-expected 0.6% in the June quarter. SBS Finance Editor Ricardo Goncalves spoke with NAB Chief Economist Sally Auld about what that means for the economy.

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