The Australian Economy – June quarter 2023
- Our economy grew 0.4 per cent during the June quarter 2023 and 3.4 per cent in annual terms. This was the seventh successive quarter of economic growth. Population growth due to post-pandemic migration saw GDP per capita fall 0.3 per cent, following a similar fall of 0.3 per cent in March.
- Labour market tightness continued. In the month of June, the unemployment rate was 3.5 per cent and a historically high percentage of the population…
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