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Australia's economy expands faster than expected

Thursday, March 3, 2016 - 05:50

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Australia has transited from a resource boom to broader-based growth, says Mr Morrison.

Sydney

AUSTRALIA'S economy strengthened last year, supported by consumer and government spending, data showed on Wednesday, with the better-than-expected figures raising hopes that the resources-dependent nation is emerging out of a recent slump.

Economic growth expanded by 0.6 per

sentifi.com

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