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Services sector ‘almost in recession’ despite strong economy
Australia continues to struggle to manage its ‘two speed economy’ as the resource sector booms, while rising interest rates cripple the services sector.
Australia continues to struggle to manage its ‘two speed economy’ as the resource sector booms, while rising interest rates cripple the services sector.
Pensioners are likely to be worse off after the Government announced it would revise pension deeming rates upwards because of Australia’s strengthening economy.
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