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Australia’s Economy Rebounds, GDP Surpasses Pre-COVID 19 Rate

Australia’s economy has sustained its rebound trend, with the gross domestic product (GDP) rising by 1.8% in the first quarter of this year. Official statistics on the economy showed that the recovery surpassed analysts’ expectations as the growth rate now becomes larger than it was before the Covid-19 pandemic. According to the latest figures on […]

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UK, Australia Agree On Free Trade Deal

Britain and Australia on Tuesday announced a free trade deal which the British government described as an important step towards building new trade relationships following its departure from the European Union (EU). By its projection, the British government believes that cars, Scotch whisky and confectionery would be cheaper to sell in Australia because of the […]