Australia GDP contracted -0.3% in Q1, started first recession in 29 years

<p>Australia GDP contracted -0.3% qoq in Q1, matched expectations. That’s the first contraction in 9 years. Also, the recession should have started in Q1, for the first time in 29 years. Annually, growth slowed to 1.4% yoy, lowest since September 2009 when Australia was in the midst of the global financial crisis. Treasurer Josh Frydenberg […]</p>
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