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Services sector finally recovers from slump
Australia’s services sector is showing its first signs of recovery despite increases in interest rates, with the AiG Performance of Services Index recording growth in April.
Australia’s services sector is showing its first signs of recovery despite increases in interest rates, with the AiG Performance of Services Index recording growth in April.
Australia continues to struggle to manage its ‘two speed economy’ as the resource sector booms, while rising interest rates cripple the services sector.
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