First Australia recession in nearly 30 years | TheStarTV.com

First Australia recession in nearly 30 years

Published on 2 Sep 2020 9:44:46 PM

Australia fell into its deepest economic slump on record last quarter, marking the start of a technical recession on Wednesday (Sept 2).

Figures showed the economy shrank 7% in the three months to the end of June.

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Keywords
australia, economy, recession, slump, covid-19

Australia fell into its deepest economic slump on record last quarter, marking the start of a technical recession on Wednesday (Sept 2).

Figures showed the economy shrank 7% in the three months to the end of June.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
australia, economy, recession, slump, covid-19

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