Economic recovery earlier than expected

By Veronica Joseph · 15 July 2009 · Locked

Economic Recovery Gains Momentum

A surprise boost in economic growth has left experts questioning whether Australia's downturn is finally coming to an end. But what does this mean for your finances and the future of the economy?

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Summary

The Westpac-Melbourne Institute Index revealed a slight increase in economic growth in May, suggesting the worst of the downturn in Australia could be over.