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    Australia's economy slows to 1990s levels with 1% annual GDP growth

    enSeptember 04, 2024
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    Podcast Summary

    • Australian economy and jobsAustralia's economy grew at its slowest pace since the 1990s, focusing on job creation to maintain living standards amidst various disruptions and uncertainties in different sectors

      Despite Australia's economy experiencing its slowest growth since the 1990s, with only 1% growth in the past year and 0.2% in the latest quarter, the focus remains on job creation to maintain living standards. Meanwhile, various incidents, such as a false threat at a Melbourne school and actor Simon Baker's drink driving charge, have disrupted daily life. Geelong captain Patrick Dangerfield's future remains uncertain, but he's focused on the game against Port Adelaide. Lastly, tennis player Arena Sabalenka is moving forward in the US Open semifinals. The economy's sluggish performance, the ongoing challenges in various sectors, and the progress in sports all underscore the complexity and diversity of current events in Australia.

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