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Australian living standards are in decline

June 5, 2025 - 00:05 -- Admin

The Q1 national accounts from the Australian Bureau of Statistics (ABS) were released on Wednesday, which revealed that per capita GDP fell back into negative territory following a brief respite in Q4 2024. Real per capita GDP declined by 0.2% in Q1. This represented the ninth quarterly decline in the past 11 quarters, with per

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