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Australia's economy toasts 25 years without recession

Its surging Q2 exports more than made up for a patchy performance at home with declining mining investment

Sydney

AUSTRALIA'S resource-rich economy expanded at its fastest annual pace in four years last quarter, clinching a remarkable run of 25 years without recession as surging exports more than made up for a patchy performance at home.

The local dollar held firm at US$0.7662 after...

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