RBA says we are in a W-shaped recovery, with housing one of the few concerns

Written by The Conversation

RBA/The Conversation

The Reserve Bank has used Friday’s quarterly assessment of the economy to declare that lockdowns have “delayed but not derailed” Australia’s recovery.

It says economic activity probably contracted 2.5% in the three months to September, but the December quarter (the one we are in now) will regain most of...

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