Australia economy’s Q3 slump not as bad as feared, recovery underway

December 01, 2021 9:33 AM

SYDNEY (REUTERS) – Australia’s economy slammed into reverse last quarter as the Delta outbreak put half the population under lock down, though a speedy recovery is already underway as world-beating vaccination rates set Sydney and Melbourne free.

Source : http://www.straitstimes.com/business/economy/australia-economys-q3-slump-not-as-bad-as-feared-recovery-underway